Energy-intensive companies will see energy bills soar by as much as £5 million a year due to carbon taxes and support for nuclear and renewable energy, according to a study by DECC.  Medium-sized companies face an average rise of around 22%.

The UK government is attempting to drive up renewables and nuclear power in order to meet the U.K.’s targets to cut greenhouse gases  by at the very least 34% by 2020 from the levels it reached in the 1990’s.The government is also trying to gain a share of the 3.3 trillion-pound global market for clean energy, not a simple task but one that is achievable through work and possible incentives and will help to curb emissions and the inevitable energy price increases. Read the rest of this entry »

The Department of Energy and Climate Change (DECC) has finally confirmed that Green Deal finance can be used to part-fund the cost of a Solar PV installation.

They have issued a document which clearly sets out in detail how the two schemes work together following an uncertain period when the scheme was originally launched.

According to the document, the amount of Green Deal finance available will depend on how much money a proposed Solar array will save homeowners on their electricity bill.  Crucially, even if the amount saved is not enough to fund the entire cost of the installation, with Green Deal finance being able to be used to pay for part of the cost. Read the rest of this entry »