UK consumers collectively owe energy providers £507 million, a 9% rise in debt levels from £464 million in 2014. The news comes after the secretary of state for energy and climate change, Amber Rudd wrote to the ‘Big Six’ energy suppliers to ask them to lower their prices in order to reflect the drop in wholesale gas prices.
More than 50 companies from the construction and property industry have united to sign an open letter which calls on the UK government to recognise the “major economic opportunity” offered by reducing carbon emissions from buildings.
Today’s Queen’s speech highlighted Prime Minister David Cameron’s desire to tackle energy security measures and climate change, however expected plans to cut subsidies for onshore wind farms have not been included.
The burning of fossil fuel attracts subsidies of US$5.3 trillion a year, the equivalent of 6.5% of global GDP, according to the latest report published by the IMF.
Since Tesla Energy's battery system launched last week, partners and collaborators including Sunrun, SolarCity, Edison International, Fronius and SolarEdge have all provided further details.
UK homeowners applied for £2.5 million worth of support for energy improvement measures under the Green Deal in a record week for the Green Deal Finance Company (GDFC).
