Utility Week

Skidmore urges faster pace on rebalancing gas and electricity prices

Skidmore urges faster pace on rebalancing gas and electricity prices

The government should make "significant progress" rebalancing electricity and gas costs before the latter’s price drops back to pre-energy crisis levels, Chris Skidmore’s review has recommended. His report estimates a gas price below 150p/therm marks a tipping point beyond which rebalancing of prices would make a difference in giving many more households an incentive to save when installing a heat pump. Utility Week explores this and the report's wider recommendations on energy infrastructure and prices.

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