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Should the UK government reduce industrial electricity prices?
EnergyEnded 7 Jul

Should the UK government reduce industrial electricity prices?

Yes 83%No 17%47 votes cast

A Make UK and Ecotricity report warns that manufacturers face an £85bn hit without lower industrial electricity prices. It states 90% of manufacturers have seen energy bills rise since 2022 with over half naming energy costs their top challenge. The report blames gas-linked wholesale pricing, policy levies on electricity bills, slow grid connections and post-Brexit trading rules.

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A clear rout: 39 of 47 voters backed lowering industrial electricity prices, leaving the sceptics a rump of eight. Margins this wide are rare on the platform, and there was no meaningful bloc of resistance in any group surveyed.

The generational pattern is the notable feature. Younger cohorts were still comfortably in favour — 79% among 25-34s, 69% among 35-44s, the softest reading of the night — but support hardened with age, hitting unanimity among the 6 over-55s and 4 over-65s who voted. If there is a live debate on this question, it lives among the under-45s, not their elders.

Gender told a similar if smaller story: men backed the cut more emphatically (86%) than women (70%), though both were decisively yes. The pattern echoes the wider industrial-strategy argument now playing out around Make UK's warnings of an £85bn hit — gas-linked wholesale pricing, green levies and Brexit trading friction all feature in the brief, and voters across every demographic slice seem persuaded that something in that mix needs fixing.

If ministers were looking for public licence to intervene on energy costs, this chamber gave it near-unanimously.

“Electrical security and cost is paramount for business. SMRs, storage and other options need to be implemented for energy independence and scalability for consumers and businesses, particularly to remain competitive for investment.”

YES case · Stairhopper · 0 respects

83%
Yes
majority
17% No
Votes47
Skipped0
You—

% voting yes, by leaning

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71% yes among Left voters, 7 of them
71% yes among C. Left voters, 7 of them
80% yes among Centre voters, 10 of them
91% yes among C. Right voters, 11 of them
90% yes among Right voters, 10 of them
100% yes among H. Right voters, 2 of them
H. Left
Left
C. Left
Centre
C. Right
Right
H. Right
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1 Opinion

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The Founder
Voted yesC. Right lean

Electrical security and cost is paramount for business. SMRs, storage and other options need to be implemented for energy independence and scalability for consumers and businesses, particularly to remain competitive for investment.