Energy: Prices

House of Lords written question – answered on 25th February 2014.

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Photo of Lord Stoddart of Swindon Lord Stoddart of Swindon Independent Labour

To ask Her Majesty’s Government, further to the Written Answer by Baroness Verma on 5 February concerning energy prices (WA 60), whether they have any plans to reconsider their policy on how the current incentives for low carbon investments are delivered so that the costs of their climate change policy are paid by the wider community through taxation.

Photo of Baroness Verma Baroness Verma The Parliamentary Under-Secretary of State for Energy and Climate Change

As previously confirmed, the Government is committed to ensuring that energy bills remain affordable, and as part of this, the Government conducted a review of green levies over the autumn which culminated in a package of measures which has allowed energy companies to reduce average bills by around £50.

The Government therefore has no plans to change the delivery method for low carbon incentives.

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