Jon Cruddas MP hails Labour’s plan to address the Energy Crisis by taxing oil and gas giants making eye watering profits.

Jon Cruddas MP said today that Labour “wouldn’t let people pay a penny more” on their winter fuel bill as the party press home their plan to address the Tory cost of living crisis.

Mr Cruddas said that the party’s plan to stop bills rising this winter would save the average household in Dagenham and Rainham £1,000, get energy costs under control for the future and help tackle inflation.

Labour’s fully-funded £29bn plan would prevent the energy price cap rising through the winter, paid for by an extra tax from oil and gas giants who are making eye-watering profits.

The Labour MP also said that the emergency package announced by Labour on Monday 15 August, would reduce energy demand and lower bills in the longer term by insulating 19 million homes across the country over the next decade.

Labour originally urged the government to implement this Warm Homes Plan a year ago. If they’d acted, they could have insulated 2 million of the coldest homes by this winter – saving the typical household an additional £1,000 every year on their energy bills.

Labour’s Jon Cruddas said: “Families across Dagenham & Rainham are scared about how they’ll get through the winter with bills through the roof. Labour’s plan to save households my constituency £1,000 this winter and invest in sustainable British energy to bring bills down in the long-term, is a direct response to the national economic emergency that is leaving families fearing for the future.

“Our fully-funded plan would fix the problems immediately and for the future – helping people in Dagenham & Rainham get through the winter while providing the foundations for a stronger, more secure economy. Only Labour can give Britain the fresh start it needs.”