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Green Energy Policies Blamed For Price Rises

Nathalie Thomas, Financial Times

UK households face a 42 per cent rise in the amount they pay to support government green energy initiatives, according to an analysis by one of the UK’s big independent power suppliers.

Consumers help fund the provision of smart meters that reduce electricity use and subsidy schemes to encourage low carbon technology through their energy bills. First Utility, one of the UK’s biggest independent energy suppliers has calculated that the cost of funding these and other schemes will rise to £134.20 per customer per year from April, up from £94.50 in the previous year.

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