Bookmark Article
The Office for Budget Responsibility forecasts a 23% increase in environmental levies on UK electricity bills by 2030, driven by rising costs in the capacity market due to the shift to renewable energy. The government aims to encourage the transition to electric heat pumps and vehicles, but campaigners suggest moving the levies off electricity bills. The total cost is expected to reach £14.8bn by 2029-30, with additional funding for renewables and electricity bill discounts for vulnerable households.
Full Article
