Red Ed’s great green obsession… and the real reason YOUR bill has gone through the roof: The hidden subsidies each household pays every year thanks to Miliband’s laws
Daily Mail -
- Mail on Sunday analysis shows how the taxes add £132 to the average bill
- The official figures show the amount paid out will almost double by 2020
- Experts warn the taxes may be more costly and less effective than feared
The Mail on Sunday today reveals the real cause of soaring energy costs – a bewildering web of green taxes and subsidies which add £132 to the average household’s bill.
The taxes range from levies to help fund domestic solar panels and windmills to subsidies for strict European greenhouse gas limitations.
The shock figures are based on official information from the Department for Energy and Climate Change (DECC) about average annual bills, showing what they cost now, and how much they will have risen by 2020.
It is predicted that by then, some 33 per cent of household electricity bills will be going towards green taxes – up from 17 per cent now.
Put another way, in 2020 consumers will be paying £270 a year to fund green initiatives, some imposed by ambitious targets set by the 2008 Climate Change Act, which was piloted through the Commons by Ed Miliband when he was Energy Secretary.
Last week a political storm was triggered by energy firm SSE’s announcement of an 8.2 per cent price rise. Other companies are expected to follow suit shortly.
Yesterday Energy Minister Greg Barker said: ‘The higher energy bills falling on to people’s doormats have Ed Miliband’s smudgy fingerprints all over them.’
Read more: dailymail.co.uk
Source: http://www.oneworldchronicle.com/?p=17562
