Move to green energy hitting fuel poverty suffers
Those at the very bottom of the UK income spectrum are being hit disproportionately hard when it comes to investment in green technology and green energy. This is the conclusion of a report produced by the government's Fuel Policy Advisory Group which will force the UK government to think again about the green energy policies which are currently in place. But why should green energy cost more?
The truth is that the UK does not at this moment in time have an adequate framework to produce green technology and green energy at an affordable price. So UK taxpayers are yet again being milked to cover the initial investment in green technology and green energy which has led, and will continue to lead, to a significant increase in forthcoming energy costs. It is believed that energy costs in the UK could rise by as much as 50% in the short term and are unlikely to fall even when the green energy framework is in place.
Why is it that the introduction of a new technology always leads to higher taxes and higher costs for UK consumers and UK businesses? It seems that corporate UK is willing to take the benefits of these moves but in many cases is unwilling to take on initial setup costs?
Will alternative energy sources really dominate the UK in the future?
Over the last few days we have seen the UK government highlighting the potential benefits of wind power with over 6,000 new wind turbines expected to be introduced to the shores of the UK over the next 10 years. The government believes that upwards of 50% of UK homes could receive their power from alternative energy sources in the future but there is some confusion and disbelief regarding the figu...Read More
British Gas announces end of estimated bills
British Gas has today confirmed it will be introducing a system which will eradicate estimated bills for those customers who would rather pay accurate bills each and every month. Research by British Gas shows that estimated bills, which can vary wildly over the year, are very unpopular amongst its 16 million customers and the company is looking to create a loyalty base for the future. Customers...Read More
Do you get value for money from your local council?
In these times of economic hardship every person, every company and every council across the country is looking to save money where possible. However, despite the fact that many people are on the verge of serious financial trouble we still see local council taxes and general taxes continuing to creep higher. But are you really getting value for money from your local council? Do you feel your money...Read More
Cut more energy bills, regulator says
Britain's gas and electricity providers should continue to cut unnecessary costs from customer bills, Ofgem said today.The regulator made the comments in the initial findings of its billing practices investigation - which revealed that some householders were paying too much for their energy through no fault of their own.For example, some who get their fuel through prepayment meters are paying more...Read More
UK gas market under control
The authorities have today confirmed that while UK gas usage is expected to increase by 3.8% this year, the import of more liquefied natural gas should help to avoid the damaging supply issues which we saw last year. There is also a suggestion that more and more power stations are coming online and will be in a position to inject more supplies into the National Grid. So has the UK finally cracked...Read More