Member

59: Clause 6, page 3, line 38, at end insert— “(1A) The Secretary of State must give a specific direction to Great British Energy that it must report to the Secretary of State on the progress made by Great British Energy towards the strategic priority of reducing household energy bills by £300 in real terms by 1 January 2030. (1B) A report under subsection (1A) must include a projection of how Great British Energy’s activities are likely to affect consumer energy bills over the following five years. (1C) A report under subsection (1A) must be made within two years of the day on which this Act is passed, and annually thereafter.(1D) The Secretary of State must lay a report made under subsection (1A) before Parliament.”Member's explanatory statement This amendment would require an annual report to be laid before Parliament on how Great British Energy’s activities are contributing towards taking £300 off consumer energy bills.