Rishi Sunak reveals how he’ll ‘cut energy bills’ as analysts predict savings this summer

RISHI Sunak today insisted his big Whitehall shake-up will make energy bills CHEAPER for Brits.

The PM said that a new government department dedicated to energy and net zero will also help to halve inflation and make Britain’s economy boom.



Rishi Sunak reveals how he’ll ‘cut energy bills’ as analysts predict savings this summer
Rishi Sunak triggered a major shake-up of Whitehall this morning, including the formation of a new Department for Energy and Net Zero

Mr Sunak said: “I think we’ve seen over the last year in particular the impact that happens to people’s bills at home when energy policy doesn’t work properly, when we’re reliant on imported energy from hostile countries.

“That’s why the creation today of a new department focused specifically on energy security and net zero is so important.

“It’s going to mean that we can reduce people’s energy bills – that’s so important – it means we can produce more energy here at home, giving us more independence and security, and it means we can transition to cleaner forms of energy as we hit our net zero ambitions and create jobs in the process, as we’re seeing here today.

“We’re focused on delivering for the British people and this will help us do that.”

This morning the PM finally named Greg Hands as a successor to Nadhim Zahawi.

At the same time he announced major changes to Whitehall departments.

The Department for Business, Energy and Industrial Strategy (BEIS) and Department for Digital, Culture, Media and Sport (DCMS) will both be broken up.

BEIS will turn into a stand­alone Energy Security and Net Zero department, headed by Grant Shapps.

Business and Trade will merge under the leadership of Kemi Badenoch.

And a new Science, Innovation and Technology unit will also be formed, led by Michelle Donelan.

Culture, Media and Sport will become a slimmed-down department after being stripped of the digital brief headed by Lucy Frazer.

Mr Sunak pledged to form a standalone Energy department when campaigning to be Tory leader in August last year.

No10 wants the UK to be energy independent by 2045 so Brits no longer have to rely on tyrants like Putin for gas and electricity.

The shake-up comes as two prestigious economic analysts recently predicted energy bills will start to FALL this summer.

In great news for hard-up households, the Resolution Foundation Foundation think tank predicts bills will fall to £2,200 by October.

That’s £300 less than the average house hold pays under the current price cap.

Meanwhile, consultancy firm Cornwall Insights think average bills could fall to £2,360 in the coming four months.

In November last year forecasters warned ministers average summer bills would hit a staggering £3,500 per year.