Article 1EBZZ Energy schemes to add £100 to UK household bills within five years

Energy schemes to add £100 to UK household bills within five years

by
Terry Macalister Energy editor
from on (#1EBZZ)
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Energy subsidies designed to keep lights on and support low-carbon electricity will have risen 124% by 2020-21, review finds

Households will be paying 100 more for their annual bills within five years to fund four government policies designed to keep the lights on and support low-carbon electricity, according to a review.

Independent consultancy Cornwall Energy said energy subsidies will have risen by 124% by 2020-21 due to the cost of the capacity market, renewable obligations, contracts for difference and feed-in tariff schemes.

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