State pensioners issued exact date they'll get £300 off energy bills after Winter Fuel Payment axed

Energy bills in Britain will be cut by £300 on average by 2030. State pensioners who have lost their £300 Winter Fuel Payment this year have been handed the handy boost from the Labour Party MP Ed Miliband, who did the media rounds today.

Miliband pledged that average household energy bills will be £300 lower by 2030 as Britain shifts to a greener economy. Pressed on ITV’s Good Morning Britain on when bills would be cut by £300 on average, Mr Miliband said: “We set that out for 2030.

“It was an independent set of modelling that said that bills could go down by about £300.” Mr Miliband, who was at the Cop29 summit in Baku, Azerbaijan, admitted that the Government had to take voters with it on the shift to green energy, by ensuring that it leads to lower bills.

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He argued: “What is important is that the report that I referred to last week from the energy system operator confirms that not only is our target achievable but it will lead to lower costs of electricity. It’s the big change that I was talking about.

“It’s the change that renewables are now cheaper than fossil fuels and what is crucial also is not just cheaper but it gives us more security. The truth is because we don’t control fossil fuel markets when geo-political events happen...prices go up, not just for imported gas but for North Sea gas as well.

“So what we are doing is transitioning to cheap clean power that we control. We set the price for example of offshore wind 15 years ahead.” Mr Miliband argued that “in the round” they would fall during his appearances on ITV as well as Sky News.

MP Mr Miliband also appeared on BBC Breakfast on Tuesday (November 12) too.