Shielding Britain’s households from energy crisis ‘will cost more than £100bn’

Boss of ScottishPower puts price tag on industry plan to freeze bills for two years

The energy industry's favoured plan to shield Britain's households from the soaring cost of energy will cost more than 100bn over two years, according to the boss of one of the UK's largest power operators.

Keith Anderson is chief executive of ScottishPower, one of the big six energy suppliers, which alongside the rival firm E.ON came up with the deficit tariff scheme that was last week backed by the trade body for the sector, Energy UK.