Lowering Great Britain’s Electricity Bills: E3G Report
The report, “Lowering Great Britain’s electricity bills – recommendations for government” examines that, the once-again rising gas price is set to further fuel inflation and the cost-of-living crisis in the UK, with electricity bills not projected to fall again until the 2030s. However, with the right package of interventions, targeting each component of a bill, government could lower household and business electricity bills by approximately 20% by 2030. Only two actions can immediately lower bills: removing levies from bills and improving targeted support for households in fuel poverty and trade-exposed businesses.
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