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Cost of Energy

11 February 2025

Lead MP

Wera Hobhouse
Bath
LD

Responding Minister

Michael Shanks

Tags

Economy
Word Count: 13646
Other Contributors: 12

At a Glance

Wera Hobhouse raised concerns about cost of energy in Westminster Hall. A government minister responded.

Key Requests to Government:

The Government should reform policy costs currently placed on electricity bills to make clean technology more affordable for everyone, aiming at rebalancing levies or implementing a single levy control system based on energy efficiency.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Bath
Opened the debate
High energy bills are an immediate daily concern for many households. A recent poll showed that 90% of adults remained concerned about the increase in energy prices, impacting both financial stability and efforts to decarbonise the economy. The disparity between gas and electricity costs is deterring consumers from switching to cleaner heating systems like heat pumps.

Government Response

Michael Shanks
The Parliamentary Under-Secretary of State for Energy Security and Net Zero
Government Response
Shanks acknowledged the contributions made by MPs during the debate. He stated that the Government was elected on a manifesto containing pledges on energy, reflecting their mission to fix the energy system in the country. The Minister highlighted that the cost of energy continues to have a devastating impact on constituents and communities due to volatile fossil fuel markets. Shanks also noted the importance of tackling issues related to the cost of living crisis. Discussed the need to build more network infrastructure, support small modular reactors near centres of demand, upgrade an old grid regardless of technology used, and acknowledged a decentralised energy system challenge. Emphasised that renewables are cheaper to run than building new gas or nuclear power stations. Acknowledged the need for short-term support while transitioning to a clean power system. Mentioned ongoing initiatives such as the warm home discount, industry support commitment of £500 million, and extended household support fund with an additional £742 million. Discussed challenges in defining a social tariff and data sharing for targeted assistance. Addressed concerns about levies and rebalancing electricity costs on gas. Emphasised efforts to reduce wholesale costs and reform standing charges. Highlighted commitment to community benefits including expanding community benefits for technologies like solar and network infrastructure.
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About Westminster Hall Debates

Westminster Hall debates are a chance for MPs to raise important issues affecting their constituents and get a response from a government minister. Unlike Prime Minister's Questions, these debates are more in-depth and collaborative. The MP who secured the debate speaks first, other MPs can contribute, and a minister responds with the government's position.