UK industry urges new PM to cut power taxes and shift renewables levies
Employers and energy sector call on incoming prime minister to reduce electricity costs weighing on business competitiveness.
By Matthias Blank · drafted with the Vantage newsroom system, approved before publication

UK employers and the energy sector sent a joint message to the incoming prime minister on 13 July 2026: cut power taxes. The call, reported by Reuters, reflects sustained frustration with electricity costs that businesses argue undermine industrial competitiveness. No specific quantum of cuts was detailed in the reported material.
Separately, a report covered by Renews.biz targets Andy Burnham directly, urging a rebalancing of renewables policy costs off business electricity bills and onto broader fiscal mechanisms. The precise levy amounts and proposed offsets were not published in the available summary, but the framing reinforces a wider industry push to reduce the non-commodity component of UK power prices.
Taken together, the two interventions (one addressed to the PM, one to a regional mayor) illustrate how the cost-of-electricity debate is being fought on multiple political fronts simultaneously, per Reuters and Renews.biz.
Source: Reuters
Photo by Christian Wasserfallen on Pexels.
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