MPs have criticised ministers for their “shambolic” failure to regularly spell out the impact of government green policies on household energy bills. The Commons public accounts committee said the government had missed its commitment to publishing annual reports on how consumer bills were affected by subsidies to support solar and wind power. The Department of Energy and Climate Change made the pledge in July 2014, but has not given an update on the implications for householders since November that year. Renewable energy subsidies such as the feed-in tariff for solar power are ultimately paid by consumers through government levies on energy bills.
Guardian 8th Jan 2017 read more »
MPs have said the government must do more to demonstrate the value for money of green energy schemes which are ultimately paid for by bill payers. The influential Public Accounts Committee (PAC) said it was promised in 2014 an annual report on the impact of these policies on energy bills. But it has not seen once since. The PAC also repeated previous concerns about over-optimistic forecasting in the Department for Business, Energy and Industrial Strategy (BEIS). The government’s Levy Control Framework is supposed to control the cost of three low-carbon generation schemes, funded by levies on energy companies, which consumers pay for through their energy bills. The PAC concluded that the framework had “suffered from a lack of transparency, rigour and accountability” and the forecasting of its costs had been poor.
BBC 8th Feb 2017 read more »
The Public Accounts Committee report says that Government must do more to demonstrate the value for money of consumer-funded energy schemes. The recommendation comes in a report examining the Levy Control Framework, which is intended to help control the costs of three government schemes to support low-carbon generation. The Framework sets yearly caps on the forecast costs of the Renewables Obligation, Feed in Tariffs, and Contracts for Difference—schemes funded through levies on energy companies and ultimately paid for by consumers via energy bills. The Committee concludes the Framework has “suffered from a lack of transparency, rigour and accountability” and forecasting of its costs has been poor.
Parliament 8th Feb 2017 read more »