{"id":117448,"date":"2026-02-11T11:45:00","date_gmt":"2026-02-11T11:45:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=117448"},"modified":"2026-02-11T10:49:47","modified_gmt":"2026-02-11T10:49:47","slug":"british-gas-blows-the-whistle","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/british-gas-blows-the-whistle\/","title":{"rendered":"British Gas Blows the Whistle: Why Your Energy Bill Will Surge by 2030"},"content":{"rendered":"\n
As the UK strives to transition to net-zero emissions, energy bills are expected to climb even higher than during the peak of the Russia-Ukraine energy crisis. British Gas has issued a stark warning to all UK households, highlighting significant cost increases on the horizon. This comes at a time when energy prices are already a major concern for millions across the country.<\/p>\n\n\n\n
British Gas, the leading energy supplier in the UK, is sounding the alarm about future energy costs. The company\u2019s parent group, Centrica<\/strong>, forecasts that the cost of electricity will surpass even the high prices seen in 2022 when the Ukraine conflict sent global energy prices soaring. According to Chris O’Shea<\/strong><\/a>, Centrica’s CEO, the driving force behind these price hikes will not just be the cost of raw energy, but so-called “system costs” associated with the UK\u2019s shift towards a net-zero energy system.<\/p>\n\n\n\n The UK government\u2019s ambitious net-zero goals, which aim to eliminate carbon emissions by 2050, are at the centre of the energy bill<\/a> debate<\/strong>. While the transition to renewable energy is essential for the environment, it comes with significant financial challenges. According to O’Shea, system costs, such as those required to upgrade the energy grid and invest in backup power sources, are expected to account for two-thirds<\/strong> of the electricity price by 2030. A third of these costs will be linked to wholesale energy prices, which are already volatile.<\/p>\n\n\n\nThe Push Towards Net Zero and its Costs<\/h2>\n\n\n\n