Chancellor Rachel Reeves has defended her decision to strip winter fuel payments from millions of pensioners as energy bosses were called in for talks on helping vulnerable households during the dark and cold months ahead.
Executives from Centrica, EDF, E.On, Octopus Energy, Scottish Power, Good Energy, Rebel Energy, Ovo, So Energy, Ecotricity and Utility Warehouse are expected at the roundtable event with the Government.
Industry body Energy UK, the regulator Ofgem, and Citizens Advice will also attend the meeting with energy consumers minister Miatta Fahnbulleh.
The average household energy bill is to increase by £149 from October after Ofgem said it was increasing its price cap as homes approach the winter months.
At the same time, the Government is withdrawing winter fuel payments from millions of pensioner households not in receipt of benefits.
Ms Reeves defended that decision, which she blamed on a £22 billion black hole in the public finances inherited from the Conservatives.
“It’s not a decision I wanted to make,” she said.
“It was a decision that I had to make in incredibly challenging circumstances to put our public finances on a firm footing.”
The Government’s policy on winter fuel payments will stop the handouts for people in England and Wales who are not in receipt of Pension Credit or other means-tested benefits.
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