Regardless of election result, UK consumers face higher energy bills

05.05.2010

On Wednesday 5^th May Bloomberg reported that UK consumers should expect higher energy bills regardless of the election results. 

Bloomberg reported that the three main parties were all pushing for more renewables and clean energy, which would in turn increase energy bills.

 

The Head of Policy at Climate Change Capital in London said “Investment in the infrastructure needed to transition Britain to a low-carbon economy is part-financed by subsidies paid for through consumer energy bills. All things being equal, this will increase average energy bills.”

 

Read the full article on the Bloomberg website