Energy: Prices

Department for Energy Security and Net Zero written question – answered at on 9 September 2024.

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Photo of Esther McVey Esther McVey Conservative, Tatton

To ask the Secretary of State for Energy Security and Net Zero, what plans he has to help reduce household energy bills; and when those plans will come into effect.

Photo of Miatta Fahnbulleh Miatta Fahnbulleh Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)

The Government believes that the only way to guarantee our energy security and protect billpayers permanently is to speed up the transition away from fossil fuels and towards homegrown clean energy. The creation of Great British Energy will help us to harness clean energy and have less reliance on foreign, volatile energy markets, and help in our commitment to produce all of the UK's energy from clean power sources by 2030.

In the short-term, we will continue to deliver the Warm Home Discount which provides a £150 annual rebate on energy bills for eligible low-income households. We will also invest an extra £6.6 billion in energy efficiency funding over this Parliament to upgrade 5 million homes and cut bills for families.

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