Printer Friendly

Consumers pay PS45 more for ECO drive.

HOUSEHOLDS will be hit with an extra PS45 on their energy bills because officials have got their numbers wrong, experts claim.

ENERGY A report by consultants NERA says the new Energy Company Obligation (ECO) will cost PS2.35billion a year - nearly TWICE the PS1.3billion the 2 Department of Energy and Climate Change (DECC) estimates. That means households will fork out PS95 for ECO, compared with the PS50 the Government forecast.

ECO, which starts next year, requires suppliers to improve the energy efficiency of homes - paid for by a tax on all bills. The report, commissioned by suppliers' trade body Energy UK, accuses DECC of underestimating some costs and overestimating take-up.

Angela Knight, chief executive of Energy UK, said: "When the right numbers are put in, the cost to households doubles or more."

A DECC spokesman said: "We will keep the impact on consumer bills under constant review."
COPYRIGHT 2012 Scottish Daily Record & Sunday
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Features
Publication:Daily Record (Glasgow, Scotland)
Date:Nov 27, 2012
Previous Article:WALK'S GOT INTO LENNY? Gaffer's quit threat splits our callers down the middle... is.
Next Article:Fuel-poor miss scheme benefit; Measures not helping households.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters