Comment on Ofgem price cap update
Jess Ralston is available for comment or interview.
By George Smeeton
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Commenting on the news that Ofgem's price cap from April 2023 will be £3,280 [1], Jess Ralston, Energy Analyst at the Energy and Climate Intelligence Unit (ECIU) said:
“The old energy system where gas dictates the price of both heating and electricity has left households paying much higher bills because of volatile international gas prices.
“The ban on cheap onshore wind and low Government ambition on improving uninsulated homes has left a higher burden for bill and tax payers alike.
“Will the Government now boost investment in insulation and electric heat pumps which would help to reduce our gas dependence and improve energy security? All eyes are on the Chancellor and Spring Statement.”
Notes to editors:
- Ofgem announces latest quarterly price cap update: https://www.ofgem.gov.uk/publications/ofgem-announces-latest-quarterly-price-cap-update
For more information:
George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net