New report by UK Energy | Clean Heat: Balancing the bill

Written By Andrew Stevenson
 
 

In this paper, Energy UK analyses the cost to HM Treasury of rebalancing policy costs on energy bills, and its economic and social benefits.

 
 
 

Removing policy costs from electricity bills, referred to as ‘rebalancing’, is the most effective way to reduce energy bills in the near term while supporting households to access the benefits of clean heating systems. As we build more sources of low-carbon British power, clean heating systems will provide households with more stable prices and reward them for using energy flexibly.

Contents

  • Options for removing policy costs from electricity bills

  • Addressing the distributional impacts of full rebalancing

  • Delivering truly targeted energy bill support

  • Unlocking the Warm Homes Plan

  • Creating a subsidy-free clean heat market

Andrew Stevenson
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