Passing on savings to customers
The Energy Security Secretary has urged energy suppliers to pass savings to their energy customers, as soon as possible, building on our mission for the UK to have amongst the cheapest wholesale electricity prices in Europe.
- Families have felt the impact of Putin’s illegal march on Ukraine in their pockets. This makes it important to aim to have amongst the cheapest wholesale electricity prices in Europe.
- That is why the Energy Security Secretary has encouraged suppliers to pass cuts in wholesale prices on through customers’ bills, no ifs, buts or maybes. He has also made clear his focus for ever-greater energy independence, supporting jobs and new investment.
- Our position as world-leaders in renewables and nuclear technology will shield households from volatile fossil fuel markets whilst harnessing the opportunities created by tackling climate change.