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?
DIY spells disaster
Some three quarters of a million Brits have caused chaos in their homes trying to copy something they have seen on a DIY programme, according to research from Halifax Home Insurance. And with these mistakes costing an average of £484 to put right, the total cost of these DIY disasters adding up to £350 million a year across the UK.These mistakes do not seem to have put Brits off their love affai...Read More
Is It Fair To Ask Energy Firms To Reduce Their Margins In Troubled Times?
As the debate about the UK energy sector continues to rage there are growing calls for energy companies to reduce their profit margins in times of trouble and assist their customers as much as possible. However, when you bear in mind that these companies have been privatised and are now operating in a free market, is this really a reasonable thing to expect?
One of the problems whi...
UK motorists more interested in cost-cutting than the economy
Coming during the week that the UK government launched a massive renewable energy campaign a report by the RAC has confirmed what many people suspected, that UK motorists are more interested in looking after their own costs than saving the environment, traffic management or road improvements. While some environmentally friendly groups may be disappointed with this discovery, the fact is that UK mo...Read More
Household bills 'cost £15,000 a year'
British households spend an average £12,000 per year on mortgage payments and over £3,000 on other bills, Citizens Advice has claimed.According to the charity, families are paying £40 per day on the bills - putting an increasing strain on their budgets.Most energy firms have already announced 15 per cent price rises on general plans - and water regulator Ofwat also said last week that customers...Read More
Is the British Gas price reduction enough?
Despite the 10% reduction in British Gas's standard gas tariff the company has attracted growing criticism after the revelation that wholesale gas prices have fallen by 50% since UK gas prices peaked. The 10% reduction is seen by many as a "goodwill" gesture amid signs that UK government is looking to get tough with energy companies in the UK. Quite how they can justify retaining prices at current...Read More