Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, whether it remains his policy to cut energy bills by £300 by 2030.
Answered by Martin McCluskey
It remains our intention to cut energy bills by up to £300 by 2030.
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.
The creation of Great British Energy will help us to harness clean energy and have less reliance on volatile international energy markets and help in our commitment to make Britain a clean energy superpower by 2030. 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.
A clean power system will also help protect consumers from global gas prices and fluctuations which drove increases of over £1,300 in the electricity price cap for a typical household during winter 22/23.
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