Energy UK··ReleaseHeat & Industrial
Energy UK calls for lower electricity-to-gas price ratio to cut bills
Energy UK's Sparking Change report calls for the gap between electricity and gas prices for homes, about four times as of October 2026, to narrow to 2.5 to 1 in the long term and 3 to 1 by 2030. It says that could support more than 250,000 extra heat pump installations by 2030, if the target is met. Its proposals include moving about £2.5 billion a year of policy costs off electricity bills, and shifting the gas standing charge onto the unit rate from April 2028 at the earliest.
Our readHeat pump sales depend heavily on the sums working against gas, so this is a bid to shift the bill for electrification from the meter to the Treasury's tax system.
Read the announcement at Energy UK →
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