Warm Home Discount
Support for households who are living in or are at risk of fuel poverty.
ECO (Energy Company Obligation) Covers:
The smart meter installation programme beginning in 2014 could cost upwards of £11 billion.
The amount of renewable energy bought by the suppliers is managed through the issue of Renewables Obligations Certificates – ROCs
Non-energy costs are making up an increasing proportion of total costs and now account for as much as 40% of a typical energy bill. This represents a 50% increase since 2008 and another 15% increase in the next financial year due to the introduction of the carbon floor price (The carbon price floor came into effect on 1 April 2013. In essence, this is a tax on non-renewable fuels used in the generation of electricity. This is passed on via the existing Climate Change Levy. Further increases are in the pipeline under the changes being introduced under the Electricity Market Reform, which is still being finalised.