UK green energy surcharges set to switch from electric to gas bills. Ministers will outline plans to shift green surcharges from household electricity tariffs to gas tariffs to move consumers towards low-carbon alternatives. The plan, announced next month, is a manifestation of the government’s desire not to overcome the current crisis. It upsets the long-term goal of eliminating all net carbon emissions by 2050. Citizens who warm their homes with electricity or drive electric cars will pay less, but those who continue to use gas boilers will pay more, under the suggestions that will be considered in future reviews.
FT 29th Sept 2021 read more »
Households with gas to pay more under proposal to switch green energy surcharge to electricity bills. Reports say ministers will insist combined energy bills do not increase in phased policy as Government pushes for net zero. A green energy surcharge which is applied to household electricity bills will instead be slapped on gas bills as part of the government’s net zero drive, according to reports. Ministers will insist that the policy will be phased in over a period of up to 10 years and maintain that combined energy bills will not increase in price. The proposals, which will be considered at an upcoming review, are likely to be controversial at a time when household energy bills are increasing sharply as a global gas shortage raises prices for energy providers. Ministers are set to announce the proposals which would see customers with gas boilers pay more than those who use electricity to heat their homes or drive electric cars, according to the Financial Times. The Department of Business, Energy and Industrial Strategy said they wanted to encourage people to take up technologies such as heat pumps and electric vehicles, while insisting that “affordability” for consumers and taxpayers would be at the heart of their approach. The sale of new gas boilers is set to be banned by 2035. Heat pumps, an eco-friendly electric alternative to gas boilers which work like a refrigerator in reverse, currently have much higher upfront installation costs than gas boilers. Air-source heat pumps currently cost around £10,000, though suppliers are expected to cut these costs over the coming years. A survey by RSK Group found that almost 80 per cent of homeowners would only install a heat pump system if they received adequate financial support from the Government to meet the costs of putting in the technology.
Telegraph 30th Sept 2021 read more »
Labour leader pledges major green home upgrades drive and public funding for clean tech innovation in party conference speech. Sir Keir Starmer has demanded urgent action against the “existential threat” of climate change during his Labour Party conference speech in Brighton, as he sought to position the UK’s burgeoning green economy at the centre of his economic vision for the country in the wake of the pandemic. The Labour leader reiterated his Party’s commitment to a ‘Green New Deal’ aimed at boosting growth and jobs across the country, and touted the huge potential of green aviation technologies such as hydrogen, and the success of the domestic wind energy sector. He warned that the climate crisis threatened to turn terrain into desert land, that conflicts would break out around the world over scarce resources such as water, and that “millions will be displaced by flooding, forest fires, and violent storms” – but that transitioning to a green economy offered a solution. “Time is short, and we have a duty to act,” He said. “But that obligation shouldn’t daunt us, it should embolden us. Shifting the economy onto a sustainable path is full of promise for Britain.”
Business Green 29th Sept 2021 read more »