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Energy Prices and Bills Report 2017

1. Outline

This is the CCC’s fourth independent assessment of the impact of UK carbon budgets on household and business energy bills. The report finds that:

  • In 2016, low carbon-policies made up around 9% of an annual ‘dual fuel’ household energy bill of around £1,160.
  • Improvements in energy efficiency have saved the typical UK household around £290 per year since 2008.
  • Some energy-intensive manufacturing sectors face higher costs from climate policies but those deemed most ‘at risk’ are largely compensated for those costs.
  • There is a range of opportunities for UK business arising from the transition to a low-carbon economy.