Stopping gas dictating UK energy price could cut bills by £200, thinktank says

Iran war has increased gas price, with effects on UK energy bills that could be avoided, Common Wealth says

Household energy bills could be reduced by up to 203 a year by stopping expensive fossil gas setting the price of energy in the UK, according to a report.

Under the existing system, gas - the most expensive form of electricity production in the UK system - set the price of energy 85% of the time in 2024 in the UK, even though it generates only about a quarter of Britain's electricity.