Energy efficiency is just as important in tackling household bills

Commenting on today’s announcement by the Chancellor of extra help for energy consumers, Simon Virley CB, Vice Chair and Head of Energy and Natural Resources at KPMG, said:

“Ofgem estimates that average energy bills this winter will be about £1,500 higher than last winter, pushing 40% of households into fuel poverty without further support measures. 

“The Chancellor has announced an extra £15 billion of support, with a number of measures targeted to help those on lower incomes.  However, even more help could have been provided for those most in need by not promising £400 off energy bills for all households, some of whom can afford to pay the increase in bills. 

“Alongside providing immediate help to households, the Government should also be making a major push on energy efficiency, just as other European countries are. That remains the most cost-effective way to get bills down permanently, reduce our dependence on imported gas and lower our carbon emissions.”

Ends

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Simon Wilson, Media Relations Manager at KPMG UK

Tel: +44 (0) 207 311 6651

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Email: simon.wilson@kpmg.co.uk

About KPMG UK

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 15,300 partners and staff.  The UK firm recorded a revenue of £2.43 billion in the year ended 30 September 2021.

KPMG is a global organization of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 145 countries and territories with more than 236,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.