Manufacturer’s energy bills set to rise

Posted on 8 Feb 2017 by Fred Tongue

Energy bills are set to rise for manufacturers in the face of a new government initiative, which promises reliable resources of capacity.

A report by Inprova Energy suggests that the government’s new capacity market surcharge will add around £378m in total to manufacturers this year. The increase will represent a hike of around 1 per cent, which is actually smaller than the forecast.  The capacity market surcharge is part of the government’s electricity market reform, which looks to enhance…

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