The Energy Bill – What does it mean to commercial businesses and households?

The government has unveiled plans to exempt some of Britain’s biggest industries from charges for clean electricity.

The Energy Bill confirms that households will be expected to pay about £100 a year on average to get more power from nuclear and renewables.

But it looks as though energy intensive firms won’t have to pay the extra charges. It’s feared that if their energy bills rise too high, they’ll move manufacturing jobs abroad. The move may prove controversial with consumer groups.

We spoke with Gary Brandwood, Sales and Marketing Director at Renewables 4 business said: “The government has recognised that if you are trying to cut global emissions of carbon, it’s futile driving away firms to pollute somewhere else. But many households may wonder why they’re being forced to pay extra whilst big firms are not”.

Gary continued “Our aim is to enhance business premises and domestic homes by reducing the amount that is spent on their energy bills – something that everyone can connect with. The Green Deal is definitely building momentum and funding is also available from ECO for certain measures”.

The Bill confirms that households would provide £7.6bn of subsidy to nuclear and renewables by 2020 to keep the lights on and to meet targets on reducing emissions of greenhouse gases.

The government says the investment will shield the UK from volatile gas prices and force down costs in the long run.

But ministers have also announced that some of biggest industrial polluters in the UK – like steel and cement – may not be asked to pay extra. These global firms threaten to take their jobs elsewhere if power bills rise.

If you would like help and advice in order to cut your energy bills, contact Gary Brandwood direct at Renewables 4 Business on 01925 764586 .

Property Aspects Magazine appreciates the expertise provided by Reef Energy Solutions in publishing this article.