About Nesta

Nesta is a research and innovation foundation. We apply our deep expertise in applied methods to design, test and scale solutions to some of the biggest challenges of our time, working across the innovation lifecycle.

What does the Budget mean for energy, heat and consumer bills? - 29 Oct 2026 13:00 – 14:00

What will the Budget change for energy and heat? Who benefits and who doesn’t from the changes announced? And what might still be missing in the face of a winter energy crisis?

With energy bills set to increase by £275 in January, the Budget comes at an important time to help households with their bills and support the shift to electrified heating, the only long-term route to household energy security. With reports that the UK government is considering increasing the Warm Homes Discount and scrapping the gas standing charge, alongside possible cuts to Warm Homes Plan funding, the Budget is expected to bring a mix of welcome support and difficult trade-offs.

Join the Nesta team on Thursday 29 October from 13:00-14:00 for a rapid debrief webinar the day after the Budget. We’ll unpack what the announcements mean for energy bills and clean heat, including:

  • what’s changed for consumer energy bills
  • who stands to gain, and which households could be left behind
  • what potential changes to Warm Homes Plan funding mean for the clean heat sector
  • the gaps that remain ahead of a potential winter energy crisis

Our Nesta panel, chaired by Lily Downes, policy communications lead, includes Andrew Sissons, director, Daniel Lewis, principal researcher, Marcus Shepheard, policy manager and Juliette Caucheteux, senior economist. They will give their quick analysis, then answer your questions on what the Budget means for households, policymakers and the clean heat sector.

Who should attend?

This online event is particularly relevant for:

  • Energy suppliers, heat pump installers and others in the clean heat supply chain
  • Consumer energy, fuel poverty and housing organisations
  • Local and combined authorities
  • Researchers, think tanks and journalists covering energy and net zero

Join us to cut through the headlines and understand what the Budget means for energy bills this winter and for the long-term shift to clean heat.

Register to receive event details, reminders and joining links straight to your inbox.

Speakers

Lily Downes profile picture

Lily Downes

She/Her

Lily is a policy communications lead at Nesta and BIT, leading policy focused communications and public affairs for the sustainable future mission. She previously served as senior account director at Grayling, a public affairs agency, where she advised renewable energy and decarbonisation clients on their political engagement and communications strategies. Prior to that she delivered complex community consultation programmes for large-scale renewable energy infrastructure, such as offshore wind farms and solar farms.

Andrew Sissons.final

Andrew Sissons

He/Him

Andrew is a director on Nesta's mission to create a sustainable future, which focuses on decarbonisation and economic recovery. His team focuses on setting up innovation projects and partnerships that reduce carbon emissions from homes, which is a key part of the UK reaching net zero. Andrew has a background in climate change, economic geography and productivity. Andrew joined Nesta from the Environment Agency, where he led the agency's work on funding and green finance, having previously been the agency's chief economist. He has worked in government (Cabinet Office, MHCLG) on cities and local growth policy, helping to create the new metro mayors in several cities in England. He has also previously worked at The Work Foundation and as an economic consultant.

Daniel Lewis.final

Daniel Lewis

He/Him

Dan leads on data science and quantitative analysis for the sustainable future mission, working with the Data Analytics Practice to achieve Nesta's goal to decarbonise the UK’s homes. Before Nesta, Dan worked in the civil service as a Senior Spatial Data Scientist at the Department for Food, Environment and Rural Affairs, as a lecturer in data science at the Office for National Statistics, Data Science Campus, and for the NHS as an analyst team leader in data science and innovation at the Care Quality Commission. Across these roles, Dan gained experience designing and delivering research to answer policy and regulatory questions, building the capability of team members and leading and managing analytical teams. Dan’s background is as a quantitative geographer in the fields of population health and health services. He has worked on evaluating the impact of the London 2012 Olympic and Paralympic Games on the health and wellbeing of young people in East London and the effectiveness of the Olympic village’s ‘active design’ on residents' physical health and activity

Marcus Shepheard_final

Marcus Shepheard

He/Him

Marcus is the policy manager in Nesta's sustainable future mission. He is developing the breadth of our work on heat decarbonisation into evidence and advice to help inform Government policy. Marcus has a background in climate change governance and analysis. Marcus joined Nesta from the Climate Change Committee, where he was the lead analyst on residential decarbonisation. He has also worked for the Institute for Government and the Royal Society.

Juliette Caucheteux

Juliette Caucheteux

Juliette is the senior economic adviser for Nesta’s central policy team and sustainable future mission. Before joining Nesta, Juliette worked in policy institutions (Bank of England, International Monetary Fund, French Treasury) as well as in the private sector. Juliette trained as an engineer in France (at the École des Ponts), then studied public policy at the London School of Economics. She is currently finishing her PhD in Economics at Oxford, where her research focuses on the economic consequences of natural disasters, using micro-level data.