Centrica backs UK plan to scrap VAT on household electricity bills from Oct. 1

Reuters2026/07/21 09:56

By:Reuters

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Centrica flagged a UK government move to remove VAT from household electricity bills from Oct. 1, lowering customer tariffs.
The group said it will pass the VAT cut through to customers, reducing billed charges from the start date.
CEO Chris O’Shea reiterated support for a targeted social tariff for vulnerable households as a longer-term affordability measure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centrica plc published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Centrica backs UK plan to scrap VAT on household electricity bills from Oct. 1

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