The energy crisis has seen the cost of gas and electricity soar, causing unprecedented rises in bills for this winter and possibly beyond. In response the new Government has introduced an “Energy Price Guarantee” which caps the average household energy bill at £2,500 per year until 2024, double the pre-crisis level.
This financial support for households is clearly welcome. But the Government also needs to think about how customers can save money by cutting their energy demand. In particular, there’s much more for the Government to do on energy efficiency, which offers customers sustainable reductions to their energy bills. Previous schemes like the Green Deal and Green Homes Grant have had mixed success at best. Given the Conservative Party’s manifesto commitment to invest £9.2bn in energy efficiency over this Parliament, there’s scope for new schemes to help households.
This event will bring together parliamentarians and industry leaders to consider the impact of the energy price crisis on the cost of living and the policies that the Government could implement to drive uptake of energy-saving measures.
To view this event online, please click here