The government is to “stress test” green energy policies after two of the big six energy providers announced an increase in their prices.
The policies are designed to improve insulation in homes, tackle fuel poverty and boost green infrastructure investment.
Speaking to the Financial Times, deputy prime minister Nick Clegg said, “It would be irrational not to look at these policies, to stress test them.”
He said the government should ensure the levies are “value for money” and use competition to improve energy rates.
Clegg added, “People won’t thank us if – in a few years’ time – the lights go out or there are more people in fuel poverty and there are fewer homes that have been properly insulated.”
British Gas blamed rising gas prices on the global market, the cost of delivering gas and the government’s social and environmental schemes for the increase.
However, left-leaning thinktank the IPPR said the increase was due to poor delivery on government policy, adding that a third of the increase could have been avoided.
Reg Platt, senior research fellow at the IPPR, said, “A third of [the] tariff increase, or £35 a year, could have been avoided if British Gas delivered the government’s energy efficiency policies as cost effectively as SSE.
“What’s more, SSE and British Gas are both under investigation by the energy markets regulator Ofgem for failing to deliver the government’s energy efficiency polices effectively in the past. The amount other companies are spending on government policies is likely to be lower.”
Like our Facebook Page
Strange Ways the Sporting World Impacts the Environment
The Future of Cryptocurrency is Eco-Friendlier than the Present
Why Bill Gates Is Wrong on the Climate Impact of Bitcoin
Everything You Need to Know to Create an Eco-Friendly Nursery
4 Environmental Benefits of Using A Buckwheat Pillow
Eco-Friendly Ways to Dispose of The Office Furniture!
7 Huge Advantages of Using Solar Power at Home
5 Important Changes to Become An Eco-Friendly Nicotine User
4 Great Ways to be a Committed Eco-Tourist While Flying
7 Basic Types of Forex Charts Ethical Investors Must Understand
How to Make Your Ecommerce Business More Eco-Friendly?
How Can Social Media Help In Promoting Sustainable Lifestyle?
Luxury Development for The Ultra-Rich Causing Climate Change Conundrum in Barbuda
How Does Bitcoin Mining Work and is it Eco-Friendly?
Is Gen Z Ahead of Millennials in Terms of Eco-Investing?
Four Reasons Why Buying Used Cars Is the Way to Go Green
There is no Planet B: The Growing Importance of ESG
Wonderful Environmental Monitoring Tips to Keep Indoor Air Clean
The Tremendous Benefits of Investing in Energy-Efficient Windows
4 Morning Productivity Tips for Green Entrepreneurs that Are Night Owls
- Features10 months ago
Eco-Friendly Interior Design Is Easier Than You Might Think
- Features7 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Features8 months ago
5 Simple Ways To Create A Greener And Healthier Home
- Environment11 months ago
The Benefits Of Sustainable Agriculture For Farmers