Sam Peacock

speaker

187 appearances 1 recordings 1 series first heard Jul 2026 last heard 28 Jul

Sam Peacock’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Talking New Energy · 250. SSE on why we're measuring energy bills wrong · 28 Jul 2026 podcast

There's also an important part that gets lost, I think, in let's take the business and the domestic bill comparisons.

Different countries have

taking different views on how you allocate costs.

So in the case of domestic GB, our bills are actually comparatively lower because they haven't allocated as many networks costs on them as they have in other parts of the Eurozone.

Then if you start to get into business, what the UK's done is it has put a bit more of its network's costs onto business bills.

So at the upper end of the spectrum, actually once you've got middle and higher users who benefit from some of these exemptions like the supercharger and the other scheme they've got out there, they get pulled down to being quite competitive.

But if you're a small or medium business and you don't have to that support, because you've got

networks costs allocated to you.

You are behind other people in Europe.

So there's all it's a big cost allocation bit.

For me, I think this is an area where if we've got a new government coming in, this might be an example of where we actually just need to make for some of these businesses we give them some of the exemptions on policy costs that we've started to give domestic customers in places because I think they're going to need something as we start to electrify and get our general energy

energy system on that better setting that we've talked about in the rest of the podcast.

It is an opportunity because if you think about what we were talking about earlier, if we can take that typical customer, if that typical customer's uniform three thousand petrol plus electricity cost gas bill, if they're suddenly accessing that EV and they're suddenly accessing that heat pump and their bill is suddenly total three bills is suddenly under two thousand pounds, they are in clearly a far better place.

What we've got to do is help these customers do that.

Now I think in reality

That does require incentives to make sure that heat pumps are cheaper.

It also requires incentives to make sure that EVs are cheaper.

That's going to take care of itself during the market, as we're beginning to see.

And I think the other thing which

governments have failed to tackle in the past has been the cost of electricity just being higher, the amount of levies you put on electricity rather than gas.

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