Estimated impacts of energy and climate change policies on energy prices and bills

"Businesses that are medium-sized consumers of energy currently face energy bills that are on average 18% higher as a result of policies. By 2020 the impact of policies is estimated to be 19%."

Table 1: Estimated impact of energy and climate change policies on average energy (gas plus electricity) bills compared with bills in the absence of policies

Real 2010 prices	2011	2020	2030
Medium-sized business user
Bill without policies	£1,550,000	£1,738,000	£1,829,000
Bill with policies	£1,821,000	£2,073,000	£2,337,000
Impact of policies	£271,000	£335,000	£508,000
	17.48%	19%	28%
Large energy intensive industrial user
Bill without policies	£8.2 to 15.6m	£9.3 to 17.4m	£9.7 to 18.0m
Bill with policies	£8.4 to 17.5m	£9.4 to 20.9m	£10.8 to 24.1m
Impact of policies	£0.3 to 1.9m	£0.2 to 3.5m	£1.1 to 6.1m
	(3 to 12%)	(2 to 20%)	(11 to 34%)

Source: DECC 2011. Figures may not add due to rounding. Estimated impacts of energy and climate change policies on energy prices and bills    

link : http://www.decc.gov.uk/assets/decc/11/about-us/economics-social-research/3593-estimated-impacts-of-our-policies-on-energy-prices.pdf

23 November 2011