2010 Estimated impacts of energy and climate change policies on energy prices and bills report
Released on 11/07/2011
The report indicates that energy bills for medium-sized non-domestic businesses will increase by approximately 24% and 43% for gas and electricity respectively as a result of climate change and energy policies. However the report also acknowledges that the impact will have other costs and benefits outside their electricity and gas bills. A number of policies such as Carbon Reduction Commitment (CRC) and Climate Change Agreements (CCA) have been used in assessing the impact.
A summary of the estimated impact of energy and climate change policies on average non-domestic retail gas and electricity prices and an average medium-sized non-domestic user’s energy bill is presented below.The full report can be downloaded at Impact of Climate change and energy policies.
| 2010 | 2015 | 2020 | |
| Price impacts (real 2009 £/MWh and % change) | |||
| Increase in gas prices due to policies | 2 (6%) | 3 (10%) | 7 (24% |
| Increase in electricity price due topolicies | 15 (20%) | 23 (28%) | 37 (43%) |
| Energy bill (gas + electricity) impacts (real 2009 £000s and % change) | |||
| Estimated average energy bill withoutpolicies | £1,217 | £1,327 | £1,410 |
| Estimated average energy bill withpolicies | £1,392 | £1,477 | £1,778 |
| Impact of policies on energy bill | £175(14%) | £150(11%) | £368(26%) |
Numbers may not add up due to rounding0
