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Renewable Energy: Prices

Asked by Deirdre CostiganLabourDepartment for Energy Security and Net ZeroTabled Answered 30 July 2024UIN 1902

The question

To ask the Secretary of State for Energy Security and Net Zero, to make an assessment of the impact of his plans for (a) new onshore wind and (b) other renewable energy sources on household bills.

Answered by Miatta Fahnbulleh

In an unstable world, the only way to guarantee our energy security and protect billpayers from future energy shocks is to speed up the transition away from fossil fuels and towards home‑grown clean energy. Through supporting the transition to clean energy, Great British Energy will save families money by ensuring electricity bills are no longer exposed to the kinds of gas price shocks which helped drive increases in the electricity price cap of over £1,300 for a typical household during winter 22/23.

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