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'Take green levies off industrial bills to encourage investment,' energy boss tells Andy Burnham

Matt Gibson
Monday at 23:01
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'Take green levies off industrial bills to encourage investment,' energy boss tells Andy Burnham

Green subsidies should be removed from industrial energy bills to encourage investment in electrification, the boss of E.On UK has said. Chris Norbury, chief executive of the UK energy firm, said UK firms were already “concerned” about high energy prices. Shifting policy costs, such as green levies, into general taxation would lower bills and help companies electrify, he said. Policy costs on electricity bills include the renewable obligation and feed-in tariff, both of which help pay for clean power generation. But these also drive up the bill total. TRENDING Stories Videos Your Say The UK has the highest industrial electricity prices in the developed world, which critics say is pushing businesses abroad.Government relief...

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