Household energy bills

Household energy bills - impacts of meeting carbon budgets

There is currently much debate on rising household energy bills, and the extent to which this is or will be due to costs of financing low-carbon investments. This note sets out our analysis of energy bill impacts from meeting carbon budgets to date and over the next decade. It includes assessments of price impacts from wholesale gas prices, financing low-carbon investments and energy efficiency measures, together with scope for reductions in energy demand and bills through energy efficiency improvement. We focus on historic and future energy bill impacts for the typical household.