Timeyin Akerele

So you've got a heat pump.

Now, your electricity bill goes up because you're no longer having gas.

So you have an electricity bill that's higher.

But per unit you use, it might be a bit lower, actually.

But then you've also got to buy a heat pump.

So the biggest challenge with all these things is the level of uncertainty.

And I don't want to pretend I know the future.

That's why I'm quoting Committee on Climate Change.

They've got lots of, you know, analysts who try and model these things.

And it really depends.

Most importantly, it does depend on the gas price.

Because, as I say, it's that trade-off.

If gas is high, everything else looks cheap.

If gas is low, the transition looks a bit more expensive.

And it depends on what price government can get when it's buying that clean power.

Yeah, I think it's a bit more than a third at the moment, but it's the way the market works.

It's a sort of efficient market, if you like.

That's how economists would describe it.

The public probably wouldn't with their bills.

Well, what it does is it incentivizes the market to bring forward the cheapest possible forms of generation because...