Member

We will also launch an expanded version of the supercharger scheme, so that some of our largest companies in electricity-intensive sectors—including investments of the future such as the new steelworks’ electric arc furnace at Port Talbot and the Agratas gigafactory in Somerset—will see their network charging exemptions rise from 60% to 90%, cutting their electricity bills and again making them more competitive than our European neighbours. Although the previous Government promised that to business, they again failed to deliver. I confirm that this will all be done without adding a penny to consumer bills or those of any other business.