'Green energy to cost consumers £400 over next five
years', claims the front page of the
Sunday Telegraph this weekend. Newspapers' efforts to
highlight the amount we pay for so-called green policies had
fallen out of fashion of late. But a new-found focus on
the cost of living appears to have resuscitated an old favourite.
We take a look at the new claims - and what a refocus on energy
bills may mean for the climate debate.
Labour leader Ed Miliband recently promised to freeze energy
bills to help households cope with the country's "cost of living"
crisis. Energy companies countered with the suggestion that if only
the government stopped requiring payments to help cut power sector
carbon emissions, bills would be lower. It looks like the current
government may be thinking the same way:
Rumour has it the Treasury wants to find a way to cut
'green taxes' on consumer bills, too.
Enter free market campaign group, the Taxpayers Alliance,
whose analysis gives
the Sunday Telegraph its headline. It says the government's
policies will fund renewable generators to the tune of £22 billion
in the coming years. The Sunday Telegraph calculates that up to
2019, households will pay £425 on average towards this total.
£400 per household - over five or six years
First, let's look at the Sunday Telegraph's number. £400 per
household seems like a lot - but how does that break down?
The Sunday Telegraph's £425 figure comes from adding up all the
money households will pay toward contracts for difference.