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The £84 per year green tax hidden on energy bills that most consumers do not know they are paying

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UK Daily Mail
Tuesday, June 29th, 2010

Families are paying £84 a year in ‘hidden’ green taxes to subsidise a shift to wind power and other environmental measures, a study has revealed.

The taxes, which are driven by EU legislation, are expected to climb to as much as £176 a year over the next decade. Most consumers are unaware the taxes are included in their energy bills.

The Carbon Emissions Reduction Target is the biggest element, responsible for an average of £45 of the £84 figure. It creates a fund that is used to subsidise home insulation schemes.

The EU Emissions Trading Scheme is responsible for £24 of the figure. This is a penalty charge related to using coal, oil or gas.

Full article here

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This article was posted: Tuesday, June 29, 2010 at 3:04 am





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