Electricity: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, if he will take steps through the spending review to reduce electricity costs.
Answered by Miatta Fahnbulleh
The Government believes that our mission to deliver clean power by 2030 is the best way to break our dependence on global fossil fuel markets and protect billpayers permanently. This, combined with our Warm Homes Plan to upgrade millions of homes to make them warmer and cheaper to run is how we will drive down energy bills and make cold homes a thing of the past.
We recognise that we need to support households struggling with bills whilst we transition to clean power by 2030. This is why we delivered the Warm Home Discount to around 3 million eligible low-income households last winter. On 25 February, we published a consultation on the expansion of the Warm Home Discount, giving more eligible households £150 off their energy bills. These proposals would bring around 2.7 million households into the scheme – pushing the total number of households that would receive the discount next winter up to around 6 million. The consultation has now closed, and the Department is evaluating the responses.
The Government is continuing to work with Ofgem and energy suppliers to ensure energy bills remain fair and affordable while we transition to clean power by 2030.
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