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Thinking about energy costs

Ahead of the upcoming EU summit [the independent think tank] Open Europe has today published a new analysis of the EU’s energy and environment policies. The study reveals that by 2020, EU-measures in this area will on average add 23% (£350,000) to small and medium sized firms’ energy bills in the UK. Meanwhile, household bills will increase by almost £150 (11%) a year.

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[Link repaired. TM]

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Reader Comments (10)

The link reports "The page /blog/2014/10/23/ss_temp_url could not be located on this website."

Oct 23, 2014 at 11:04 AM | Unregistered CommenterJoe Public

The Mails take on this:

"But today’s study, based on an analysis of official Government figures, suggests that EU green measures have already added £59 to the average dual fuel energy bill in this country.

It suggests this figure will rise to £149 by 2020 as the Government strives to meet a binding target of producing 15 per cent of electricity from renewable sources.

Today’s report warns that the impact on business will be even greater, with the average medium-sized firm set to see its energy bills rise by 23 per cent as a result of green measures emanating from Brussels."

However, when figures of the effect upon the "average energy bill" are bandied about, nearly all fail to clarify that in addition to his own bill increase, the domestic consumer also picks up the tab for about 75% of the increases for ALL businesses, factories & government buildings too. The ONLY part of the latter which doesn't ultimately get paid-for by domestic consumers, is the small part some companies manage to 'export'.

Oct 23, 2014 at 12:21 PM | Unregistered CommenterJoe Public

"household bills will increase by almost £150 (11%) a year."

if inflation is 2.5% over the next 6y then thats an increase of 70% in real terms! (1.095^6)

Oct 23, 2014 at 2:50 PM | Unregistered Commenterschober

Personally, I will be surprised if my energy bills are LIMITED to 11% a year. That is how optimistic I am!

Oct 23, 2014 at 3:07 PM | Unregistered CommenterJack Savage

Add to that cost increase the advice given to the elderly this winter:

I'm fit, active and in my '50's. Our main thermostat is set at 19C, so that's the maximum temp in winter. If I'm in the house during the day we don't have the heating on - it's too expensive. The inside day temperature can be down to 17C and I can confirm that 18C is certainly not sufficient to keep an inactive elderly person safe.

The fact that energy policy in modern Europe has brought us to the point where government departments are giving 'advice' such as that shown in the telegraph article is downright wicked. It's the 21st Century for goodness sake.

It makes me so angry.

Oct 23, 2014 at 3:26 PM | Unregistered CommenterCumbrian Lad

Miliband's promise keeps energy bills frozen HIGH, cos despite global price fall, corps now afraid to LOWER prices

"Ed Miliband will freeze all energy bills until 2017, saving you £112 a year."..
Saving ?? How can Labour's cost count page be sure of a saving if they lock you into high prices in a world of falling energy prices

Oct 23, 2014 at 4:00 PM | Registered Commenterstewgreen

"It's the 21st Century for goodness sake. " Cumbrian Lad.

So much for all those futurist movies where we live in clean warm paradise.
The way this Climate Change thing has taken such a stranglehold of the world, is fearsome to say the least.

Oct 24, 2014 at 1:03 AM | Unregistered CommenterGreg Cavanagh

More ammunition for UKIP!

Oct 24, 2014 at 9:10 AM | Unregistered CommenterRoy

Bishop Hill

You links you give for each 'No it isn't' are not arguing that 2 degrees C global warming is not dangerous - myself and the others are arguing that we don't know whether it's dangerous or not, and/or that global mean temperature is not a relevant metric for 'dangerous climate change' or for policy targets.

Jan 27, 2015 at 10:55 PM | Registered CommenterRichard Betts

My comment above somehow ended up in the wrong thread! Don't know how. Anyway, I've re-posted it in the intended place here.

Jan 27, 2015 at 11:55 PM | Registered CommenterRichard Betts

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