Member

However, it is precisely because the renewables obligation has been such a success—supporting over 30% of the UK’s electricity generation—that we must now ensure its costs remain proportionate and sustainable over its remaining lifetime. The scheme has played a crucial role in building the renewables capacity on which we rely today, and the Government want it to continue to do so but without placing a growing burden on bill payers. By implementing this change in time for the new compliance year beginning in April 2026, the Government estimate savings of around £1.9 billion over the remaining life of the scheme—equivalent to approximately £180 million per year for the next 11 years. These are meaningful savings for consumers, delivered through a measured and sensible adjustment to an established electricity generation scheme.