Select committee: Energy Security and Net Zero Committee
Conclusion 13
3rd Report - The cost of energy
Published 21 Oct 2026
Addressed to Department for Energy Security and Net Zero
Energy Security and Net Zero Committee The cost of energy All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
The Minister told us that “a pound here and a pound there” add up to “a significant amount”. We agree. Policy costs are within the Government’s direct control and significant action has already been taken to reduce them. With wholesale costs particularly volatile following events in the Persian Gulf and with network costs rising, the reduction of policy costs remains a critical means for substantially bringing down bills. Paying for policy costs through taxation rather than bills is also more progressive. (Conclusion, Paragraph 78)
From: Energy Security and Net Zero Committee, 3rd Report - The cost of energy (HC 416), 21 October 2026
Government response
Government response awaited: deadline 21 December 2026.