Flex factor: How government can keep network costs on bills down (opens in new tab)

Delivering a clean, secure electricity system is essential for a growing economy and for bringing down energy bills. This system will be built on expanded and modernised electricity networks. These upgrades are necessary and ultimately beneficial for households, but they come with difficulties. Network costs – the component of energy bills that pays for building and maintaining network infrastructure – are rising sharply. Since 2022, network costs on the average annual household bill have inc...