Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what is his expected timetable for GB Energy to cut household energy bills by £300 per year.
Answered by Michael Shanks
The Government's mission to make Britain a clean energy superpower is a sustainable, long-term plan to protect billpayers for good. That’s because in an unstable world, the only way to guarantee our energy security and protect billpayers permanently is to speed up the transition away from fossil fuels and towards homegrown clean energy.
The exact impact and timetable of Great British Energy’s interventions will be determined by detailed development and design of the organisation’s functions which will follow in the coming months.
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