Energy price assumptions underpinning DECC’s 2015 Energy and Emissions Projections are available in Annex M of the supporting documentation available online.1 The table includes wholesale coal, crude oil, electricity, and natural gas price assumptions, and retail electricity, natural gas, and petroleum product price assumptions for a range of sectors. Assumptions are available out to 2035, and for a range of scenarios.
The Government is implementing a package of measures to reduce the projected cost of policies on the average household dual fuel bill by £30 from 2017. The bulk of these savings will come from reforms to the current Energy Company Obligation, which will be replaced by a new cheaper supplier obligation from April 2017. The new scheme will deliver on the government’s commitment to help 1 million homes see lower energy bills through energy efficiency improvements by the end of this parliament. The government is committed to ensuring that energy is affordable for families and businesses.