Net zero costs to hit lower income households, warns Ofgem
Ofgem warned that lower-income households could be hit hardest by the transition to net zero – growing levels of debt among customers struggling with soaring energy prices could leave them unable to cope with future price shocks.
The regulator said the costs of transitioning to a cleaner energy system – which scientists say is urgently needed to avoid the worst impacts of – could disproportionately hit the bills of lower-income consumers unable to invest in the necessary technology or change their behaviours to
