US EditionGovernment considering measure to slash business energy prices
7 Articles
7 Articles
As from 1 July, the executive intends to transfer the burden of aid to electric cars to energy suppliers through the energy saving certificates mechanism, and in fact the cost of this is passed on to the bills, which are all the more burdensome on the poorest households.
Why are UK industrial electricity prices so high - and what can be done about it? | Money News | Tech, Entertainment, Sport, Fashion, Travel News
Britain has the highest industrial electricity prices in the G7, a cost businesses say makes it impossible to compete internationally and risks “deindustrialising” the UK. Electricity prices are driven by wholesale fuel prices, particularly natural gas, but include taxes and “policy costs” that business groups, including Make UK and the CBI, want the government to cut. Sky News understands the issue is a “live discussion” within government as mi…
Government Considering Measure To Slash Business Energy Prices - Great Yorkshire Radio
Sky News understands proposals to make energy prices more competitive are at the heart of final discussions between the Department for Business and Trade and the Treasury ahead of the publication of its industrial strategy on Monday. Industrial electricity prices in the UK are the highest in the G7 and 46% above the median for the 31 member states of the International Energy Agency, which account for 75% of global demand. Money blog: Interest ra…
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