Stopping gas dictating UK energy price could cut bills by £200, thinktank says

Iran war has increased gas price, with effects on UK energy bills that could be avoided, Common Wealth saysHousehold energy bills could be reduced by up to £203 a year by stopping expensive fossil gas setting the price of energy in the UK, according to a report.Under the existing system, gas –...

<p>Iran war has increased gas price, with effects on UK energy bills that could be avoided, Common Wealth says</p><p>Household energy bills could be reduced by up to £203 a year by stopping expensive fossil gas setting the price of energy in the UK, according to a report.</p><p>Under the existing system, gas – the most expensive form of electricity production in the UK system – set the price of energy 85% of the time in 2024 in the UK, even though it generates only about a quarter of Britain’s electricity.</p> <a href="https://www.theguardian.com/environment/2026/mar/19/stopping-gas-dictating-uk-energy-price-could-cut-bills-by-200-thinktank-says">Continue reading...</a>
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