Key Takeaway
National Audit Office says failure to implement £70bn modernisation would also hold back economic growthThe ‘great grid upgrade’ is off track – ministers should spell out the risks for billsConsumers will pay higher energy bills unless the UK government speeds up work on a vast programme of upgrades to the electricity grid to enable the switch to renewables, the public…
Published September 11, 2026 · Category: News
Overview
National Audit Office says failure to implement £70bn modernisation would also hold back economic growth
Consumers will pay higher energy bills unless the UK government speeds up work on a vast programme of upgrades to the electricity grid to enable the switch to renewables, the public spending watchdog has warned.
Details
The National Audit Office (NAO) said that without faster action the extra costs associated with managing the ageing power network, which are ultimately passed on to the public, could reach £7.8bn a year by 2030.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "Speed up electricity grid upgrade or else face higher bills, warns UK watchdog" about?+
National Audit Office says failure to implement £70bn modernisation would also hold back economic growthThe ‘great grid upgrade’ is off track – ministers should spell out the risks for billsConsumers will pay higher energy bills unless the UK government speeds up work on a vast programme of upgrades to the electricity grid to enable the switch to renewables, the public spending watchdog has warned.The National Audit Office (NAO) said that without faster action the extra costs associated with man
Who reported this story?+
This story was reported by The Guardian World.