Edward Davey speech to the Fair Energy Summit,

Edward Davey speech to the Fair Energy Summit 2012

decc.gov.uk 17 Dec '12, 1pm

Edward Davey speech to the Fair Energy Summit,

Energy bills are a major expense for British households, and a significant cost for British businesses too. Ensuring that consumers get a good deal, with affordable bills from suppliers genuinely competing for their custom, is one of my top priorities. And I look forward to the contribution that this summit will make to debate in this area. I want to set the scene by setting out some of the facts, and putting to bed one or two myths which I think have been muddying the waters recently. Main drivers of bills The first point to remember is that wholesale energy costs make up around half of household energy bills – even more for industrial energy users. Wholesale energy costs have been the major factor driving recent increases in consumer energy bills. For example, UK wholesale gas prices, driven by the global markets, have doubled since 2007. Network costs have increased too...

Full article: http://www.decc.gov.uk/en/content/cms/news/edd_fairenersp...

Tweets

@energyuservoice » 18 Dec '12, 12pm
Davey blames rising bills on increasing wholesale costs.... [link]
@djwomble » 18 Dec '12, 9am
RT @unisondave: Davey reminds that wholesale prices drive energy costs. Policy accounts for 7% of average bill. [link]
@UnisonDave » 18 Dec '12, 9am
Davey reminds that wholesale prices drive energy costs. Policy accounts for 7% of average bill. [link]
@SolarENLESUK » 18 Dec '12, 2am
#SolarPower Edward Davey speech to the Fair Energy Summit 2012: Introduction Energy bills are a major ex... [link] #energy
@SRConsultants » 18 Dec '12, 12am
Edward Davey speech to the Fair Energy Summit 2012 [link] | DECC
@BeechSolar » 18 Dec '12, 12am
Edward Davey speech to the Fair Energy Summit 2012: Introduction Energy bills are a major expense for British ho... [link]
@FuelPovAction » 17 Dec '12, 3pm
RT @nodashforgas: Ed Davey says rising gas prices driver of bill hikes, but recently produced strategy to build 40 gas plants [link] #insane
@nodashforgas » 17 Dec '12, 3pm
Ed Davey says rising gas prices driver of bill hikes, but recently produced strategy to build 40 gas plants [link] #insane
@ELNVicky » 17 Dec '12, 3pm
RT @richonlyinname: Davey speech: 1) we're confident ECO costs won't exceed CERT costs; 2) we don't know what CERT costs are. [link]
@richonlyinname » 17 Dec '12, 3pm
Davey speech: 1) we're confident ECO costs won't exceed CERT costs; 2) we don't know what CERT costs are. [link]
@jennifercwebber » 17 Dec '12, 3pm
Here's the full link to the speech I mentioned. [link]
@LeonieGreene » 17 Dec '12, 3pm
Davey makes good low-carbon energy investment case tday. Explains why 'no apology' needed 4 meeting renewables targets. [link]
@davidwatson__ » 17 Dec '12, 2pm
Ed Davey's speech at the Fair Energy summit this morning #fairenergy [link]
@giobagordo » 17 Dec '12, 2pm
Ed Davey speech to the Fair Energy Summit on bills, policy costs, helping consumers and the cost of ECO [link] via @DECCgovuk
@mik_rosser » 17 Dec '12, 2pm
RT @JamesKershawE2B: Davey "The bulk of the cost we add to bills is for supporting low-carbon techs. That’s essential for environ. reasons.. [link]
@JulieBrown01 » 17 Dec '12, 1pm
@PracticalAction "@DECCgovuk: Edward Davey speech to the Fair Energy Summit, [link]"
@JamesKershawE2B » 17 Dec '12, 1pm
“..& I make no apology for ensuring that we'll meet our legally binding carbon budgets & renewable targets” [link] #FairEnergy
@JamesKershawE2B » 17 Dec '12, 1pm
Davey "The bulk of the cost we add to bills is for supporting low-carbon techs. That’s essential for environ. reasons.. [link]
@greendealmag » 17 Dec '12, 1pm
RT @DECCgovuk: Edward Davey speech to the Fair Energy Summit, [link]
@DECCgovuk » 17 Dec '12, 1pm
Edward Davey speech to the Fair Energy Summit, [link]
@eco_orange » 17 Dec '12, 1pm
RT @DECCgovuk: Edward Davey speech to the Fair Energy Summit, [link]
@edwardleodavey » 17 Dec '12, 1pm
RT @DECCgovuk: Edward Davey speech to the Fair Energy Summit, [link]
@InstrotechUK » 17 Dec '12, 1pm
RT @DECCgovuk: Edward Davey speech to the Fair Energy Summit, [link]