Conservative prioritise lowering energy costs
The Conservative Party has stated that energy policy should be focused on outcomes rather than the means by which objectives are reached, confirming its ambition for the UK to have the lowest energy costs in Europe. Released on Thursday 18 May, the party’s manifesto confirmed plans to introduce a safeguard tariff cap that will “extend the price protection currently in place for some vulnerable customers to more customers on the poorest value tariffs.” The Conservatives would also commission an independent review into the cost of energy. Other commitments included completing the smart meter roll-out by 2020 and upgrading all fuel poor homes to EPC Band C by 2030. While the party ruled out new major onshore wind developments in England, backing was given to offshore wind and remote Scottish island projects. The party also re-iterated its resolve to meet climate change targets.