What will the impact of Green Levies be on Energy Bills in the future? Public data can even go a step further than claiming that ‘green taxes’ will save money in the future, DECC say that they’re already saving money now.
An analysis by the Department of Energy & Climate Change published earlier this year suggested that “today’s householders are paying on average £64 or 5% less for their gas and electricity bills as a result of energy and climate change policies than if no policies had existed”. The government estimates the impact of no Green levies by 2020 will mean prices will rise by 18% – with them, prices will rise by 5%. So should ‘green taxes’ really be the focus of frustration about rising energy bills?