Treble Whammy

  • Date: 04/08/17
  • The Daily Telegraph

The cost of greenery will treble over the next five years

The cost of green taxes on energy bills will more than treble over the next five years, the official economic forecaster has said.

The Office for Budget Responsibility said that cost of the subsidies, which are levied on household and business energy bills, is expected to rise from £4.6billion in 2015-16 to £13.5billion in 2021-22.

It comes after British Gas claimed that green taxes will cost households £150 from next year as it blamed the Government for a huge rise in electricity bills.

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