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Written question asked by Dan Carden (Labour) on Tuesday, 22 November 2022, in the House of Commons. It was due for an answer on Thursday, 24 November 2022. It was answered by Graham Stuart (Conservative) on Friday, 2 December 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Energy: Expenditure

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate the government has made of the impact of delaying the spend of an additional £6.6bn on energy efficiency until 2025-28 on (a) energy bills and (b) the cost of support through the Energy Price Guarantee.

Answer

The Government has already invested £6.6 billion on decarbonising heat and energy efficiency measures.

The additional £6 billion of new Government funding, announced in the Autumn Statement, will be made available from 2025 to 2028. This provides long-term funding certainty, supporting the growth of supply chains, and ensuring the Government can scale up its delivery over time. This investment is on top of the Government's plan to protect households from high energy bills through the Energy Price Guarantee, saving households £900.


Secondary information

Type
Written question
Reference
93617
Session
2022-23
Subjects
Conservation Expenditure Energy Prices
Contains statistics
Yes
Link
View this Written question on www.parliament.uk