Energy prices will continue to rise and this is a concern to many people struggling to heat their homes now and in the future. Edward Davey MP, Secretary of State for Energy and Climate Change reveals that his department has been concentrating on keeping bills as low as possible over the long-term.
The Department of Energy and Climate Change (DECC) are keen to dispel the myth that climate change policies to support things like wind farms are what are behind high bills. The biggest single factor driving bills higher is global oil and gas prices. They have been rising greatly, fuelled by demand in growing economies like China. These costs will keep rising as 55% of people’s gas bills and 37% of their electricity bills are made up of wholesale energy costs alone.
Edward Davey MP said:
“The government can’t control the global market and drive down these international wholesale prices. What we can do is take steps to put a cushion between these global prices and the bills we all pay at home – insulating our economy as well as our homes and businesses. Through investment in domestic sources of low carbon energy like nuclear, wind and wave power, and other renewables, we are looking to diversify supply and help protect consumers from volatile fossil fuel prices in the future.
“The policies we have in place are not just about building new power stations; they are about improving the energy efficiency of our housing stock and our businesses.”
Roger Webb, HHIC Director said:
“This is why it is important that consumers are encouraged to take up the Green Deal as this government scheme will really help them to improve their homes. Energy efficiency is a major factor in helping to lower household energy bills. You can also find out more about energy efficiency from our website: www.holeintheroof.org.uk Those households that need help the most will have access to energy efficiency measures through the Energy Company Obligation. You can find out more about what the government plan to do about consumer bills by reading Edward Davey MP’s article in the July issue of the HHIC Journal.”