Comment: Energy measures in Growth Plan
Jess Ralston is available for comment and interview.
![Profile picture of George Smeeton](https://ca1-eci.edcdn.com/_c100x100/George2.jpg?v=1725364508)
By George Smeeton
info@eciu.netShare
Last updated:
Commenting on energy measures in the Chancellor’s Growth Plan [1], Jess Ralston, Senior Analyst at the energy and Climate Intelligence Unit (ECIU) said:
“If prices stay high, the government’s gas subsidy bill would be several times the investment needed to get all 28 million homes in Britain properly insulated. Boosting the ECO scheme could well end up being cost neutral on Treasury with insulation cutting gas demand and so the overall price tag of the bailout.
“The ban on onshore wind – which around 8 in 10 people support – has been a major anomaly in British energy policy given it's both cheap and popular with the public. So a decision to lift the ban suggests the new government has listened to the experts and understands building more British renewables reduces our reliance on costly gas and so brings down bills.”
Notes to editors:
- HMT: Chancellor announces new Growth Plan with biggest package of tax cuts in generations: https://www.gov.uk/government/news/chancellor-announces-new-growth-plan-with-biggest-package-of-tax-cuts-in-generations
For more information:
George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net