The business secretary recently signalled electricity bills could be made cheaper, in a bid to persuade more people to use green energy.
Kwasi Kwarteng said in a statement: “Ministers are looking at the balance of environmental taxes on bills, as part of the Governments drive to reduce carbon emissions.”
According to Ofgem, almost 23% of household electricity is made up of green taxes. This includes part-funding the cost of investment in renewable generation and paying energy companies to subsidise energy efficiency improvements.
While the world works towards a more sustainable future, the UK Government continues to encourage homeowners to make energy improvements across their household.
Whether it is installing a more energy efficient boiler, switching to a renewable form of heating, or installing a smart home solution; homeowners are often able to receive a grant to part-fund their improvements.
In an interview with The Times, Kwasi Kwarteng said: “The Government’s net-zero strategy would examine whether consumers pay too much in levies on green electricity.”
Last year, the annual cost of electricity increased by £162 on average. As households now spend more time at home, it is important their costs are kept as low as possible.
That’s where we come in. The team at SwitchedOn Yorkshire are able to provide you with the information you need on how to make your home greener. Our range of solutions ensure you can either make smart changes to your home to control your spend on electricity, or fit a new heating solution which will last longer and is more sustainable than your current system.