Many experts have already highlighted the costs associated with the drive towards cleaner energy supplies. It is impossible to accurately predict wholesale prices over the next ten months, let alone the next ten years.
While there will be inevitable additional costs to pay for investment in new, cleaner generation and securing the country’s energy supply, the wholesale cost of energy cannot be predicted in such a simplistic manner.
What we do know is that the best way customers can keep energy costs down now and in the future, is by using less energy. This is why the major suppliers are investing around £4 billion over the next three years in energy efficient measures – like free and low-cost insulation and home energy audits – helping their customers use less gas and electricity and cut their fuel bills.