The UK's energy and climate change policies will help cushion domestic consumers from price rises. But they will lead to an increase in average bills for businesses, a new government report has concluded.
According to the report, published on 27 March, medium-sized energy users currently face bills that are already 21% higher, than would otherwise be the case, as a result of government policies. This is expected to increase in future years.
Energy-intensive users' energy costs were said to be up to 14% higher than otherwise would be as a result of policies, and this could increase to 36% by the end of the decade - largely because of the impact of the UK carbon floor price, which came into force on 1 April this year, and the EU Emissions Trading Scheme.
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