Liz Truss is considering freezing energy bills for households this winter if she wins the Conservative Party leadership race, stated a report today (5).
Campaign sources familiar with discussions, and energy company insiders who have been consulted, have said that a freeze of some form is now expected, The Telegraph reported.
Shortly after midday on Monday, the contest to succeed Boris Johnson will formally end, with either Truss or Rishi Sunak, the former chancellor, announced as the next Tory leader.
The winner, as chosen by Conservative Party members, will then become prime minister on Tuesday.
In a recent interview, Truss reassured the public that help was coming if she becomes prime minister, vowing to reveal a support package within a week. The Foreign Secretary said the rise in energy bills did not have to mean “Armageddon” this winter and declined to rule out a bills freeze for some households.
“I will act if I’m elected as prime minister. I will act immediately on bills and on energy supply because I think those two things go hand in hand,” Truss said in a BBC interview.
“I’m not going to go into details of what a putative announcement would be before because I think it would be wrong to do that,” she said.
“I don’t think we should be predicting a sort of Armageddon scenario. I think we are in a good position to deal with what are very tough challenges,” she added.
Annual energy bills for the average household are set to jump from £1,971 to £3,549 from this October when the change in the price cap kicks in.