Green policies and their cost impact on businesses
The Renewables Obligation (RO) and small-scale feed-in tariff (FiT) policies support the deployment of renewables projects in the UK. However, their costs are expected to increase over the coming years.
The Renewables Obligation (RO) and small-scale feed-in tariff (FiT) policies support the deployment of renewables projects in the UK. However, their costs are expected to increase over the coming years.
Before the Autumn Statement, the government’s own assessment suggested that the costs of green policies would increase from 28% of the typical energy bill paid by a medium-sized business in 2014, to 39% in 2030.