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Labour attacks Govt over energy

Labour leader Ed Miliband has said it is "hard to keep up" with the coalition's energy policy, claiming it changes "hour by hour". The Government has denied claims they had asked the "Big Six" energy companies to fix prices until the next election.

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Household energy bills 'could drop by £50'

Prime Minister David Cameron has pledged to drive down energy bills. Credit: Matt Dunham/PA Wire/Press Association Images

Household energy bills could drop by £50 as a result of cuts to green levies being drawn up by the coalition.

The reductions are expected to be finalised in negotiations taking place with the "Big Six" power firms this weekend.

There is also speculation that some of the suppliers will pledge to freeze charges until 2015 - as long as wholesale market costs do not spike.

Prime Minister David Cameron has signalled his determination to "erode" environmental and policy levies on gas and electricity bills.

They are estimated to add £112 to average annual charges, to support renewable power and subsidise insulation and other efficiency measures for lower income households.

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