The main measures confirmed in Ed Davey's Energy Statement are as follows:
- Government will provide £300m in both 2014 and 2015 - £600m in all - for a new rebate to all domestic electricity customers worth £12 each year
- It will consult on reforming the Energy Companies Obligation to make it cheaper, knocking £30-35 off average bill next year
- The Affordable Warmth and Carbon Saving Community Obligation - schemes which help low-income and vulnerable households - will be maintained at current levels and extended until March 2017
- The electricity distribution network operators will make voluntary improvements worth £5 from the average energy bill
He says these measures combined will result in saving worth £50 on the average energy bill.