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Energy industry backs plan to save businesses and homes up to £29bn a year

Idea would separate the cost of electricity produced by nuclear and renewable sources from generation by gas

The energy industry has thrown its weight behind a plan it says could save homes and businesses up to £29bn a year, by reducing the prices charged for electricity generated from sources other than gas.

Energy UK, the trade body for the sector, said its proposals could cut between £10.8bn and £18bn a year from household bills, and £6.7bn to £11.1bn for businesses.

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