Jack Richardson from Octopus Energy has called for zonal energy pricing, explaining how it could save British households almost £4billion annually.
The expert revealed that "people in Glasgow are currently paying the same as those in London," despite the energy being more accessible.
His calls come as household energy bills have surged 45 per cent compared to three years ago.
Under the current system, Britain has a single nationwide price for electricity, regardless of regional production costs.
Energy bills for millions of households are set to rise by 6.4 per cent from April 1 when Ofgem increases its price cap for the third consecutive quarter.
This will add £9.25 a month or £111 to the annual bill of an average household that pays by direct debit, which currently stands at £1,738.
LATEST DEVELOPMENTS:
Richardson told GB News: "So what's happening is everyone's paying the highest price. Everyone's paying London prices.
"Even in Glasgow, you're paying Chelsea rents. And then if the Government wants to, they can either do zonal energy in which case London will still pay about the same.
"Everywhere else gets much cheaper as Scotland gets really cheap electricity because it's got lots of cheap wind energy.
"Or if the Government wants to, you can have the back end benefits, those £3.7billion worth of savings, but you can actually socialise the savings across the country so everyone's bills could go down by about £50 or £70 a year.
"So it's either lower bills for everyone or really low bills, or about the same in London.
"Then hopefully what they'll do actually is attract more generations to London, and it will give London a good reason to build some more things and stop trading power stations."
The system would replace Britain's single nationwide electricity price with regional pricing reflecting actual production costs.
Energy bills for millions of households are set to rise by 6.4 per cent from April 1 when Ofgem increases its price cap for the third consecutive quarter.
This will add £9.25 a month or £111 to the annual bill of an average household that pays by direct debit, which currently stands at £1,738.
The average dual fuel bill for those not on a fixed deal will rise from its current level to £1,849 a year.
Find Out More...
The expert revealed that "people in Glasgow are currently paying the same as those in London," despite the energy being more accessible.
His calls come as household energy bills have surged 45 per cent compared to three years ago.
Under the current system, Britain has a single nationwide price for electricity, regardless of regional production costs.
Energy bills for millions of households are set to rise by 6.4 per cent from April 1 when Ofgem increases its price cap for the third consecutive quarter.
This will add £9.25 a month or £111 to the annual bill of an average household that pays by direct debit, which currently stands at £1,738.
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Richardson told GB News: "So what's happening is everyone's paying the highest price. Everyone's paying London prices.
"Even in Glasgow, you're paying Chelsea rents. And then if the Government wants to, they can either do zonal energy in which case London will still pay about the same.
"Everywhere else gets much cheaper as Scotland gets really cheap electricity because it's got lots of cheap wind energy.
"Or if the Government wants to, you can have the back end benefits, those £3.7billion worth of savings, but you can actually socialise the savings across the country so everyone's bills could go down by about £50 or £70 a year.
"So it's either lower bills for everyone or really low bills, or about the same in London.
"Then hopefully what they'll do actually is attract more generations to London, and it will give London a good reason to build some more things and stop trading power stations."
The system would replace Britain's single nationwide electricity price with regional pricing reflecting actual production costs.
Energy bills for millions of households are set to rise by 6.4 per cent from April 1 when Ofgem increases its price cap for the third consecutive quarter.
This will add £9.25 a month or £111 to the annual bill of an average household that pays by direct debit, which currently stands at £1,738.
The average dual fuel bill for those not on a fixed deal will rise from its current level to £1,849 a year.
Find Out More...