BloombergNEF Looks at UK Budget’s Impact on Energy Bills

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The UK budget is expected to reduce average household energy bills by 9.5% from April 2026, with some green policy levies removed, but gas remains cheaper than heat pumps.

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Measures announced in the UK budget will shave 9.5% off the average household energy bill from April 2026, with some green policy levies stripped out. But while heat pumps will be cheaper to run, gas is still cheaper overall. Yara Van Ingen, BloombergNEF's Technology and Innovation Analyst, joins Tom Mackenzie on "Bloomberg Daybreak: Europe" to break down the numbers. (Source: Bloomberg)

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Original article published by Bloomberg on December 1, 2025.
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