Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

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

Tuesday, October 15, 2013 0:43
% of readers think this story is Fact. Add your two cents.

(Before It's News)

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

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.