Ed Miliband’s pledge to cut energy bills by £300 may be wiped out by higher electricity costs, fears expert behind plan

THE expert behind Energy Secretary Ed Miliband’s pledge to cut bills by £300 fears it will be wiped out by increasing electricity costs.  Economist Pawel Czyzak came up with the savings plan in 2023.  He told the BBC that if the cost of upgrading the electricity grid increased but wholesale prices don’t go down “then…