Consulting Report
14 May 2024
The British Gas Energy Trust: Alleviating the impact of fuel poverty
Oxford Economics were commissioned by British Gas to undertake a social return on investment analysis of the British Gas Energy Trust, a charity which funds interventions to alleviate the detrimental impact of fuel poverty.
Drawing on a best-practice methodology, and anonymised survey and administrative data from the Trust, the report demonstrates that in the period April 2020 to March 2024, the Trust delivered more than £200 million in benefits to society in excess of its costs. The report also shows that for every £1 invested in the Trust, it generated £5.50 in social value.
The report looks at the issue of fuel poverty more broadly and how it has changed as a result of increasing fuel prices and wider cost-of-living pressures, as well as how the Trust has responded to these trends by increasing its funding of programmes, and the number of individuals it supports.
The experts behind the research
Our Economic Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Chris Warner
Lead Economist, Economic Impact
Elliot Heaton
Economist, Economic Impact
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