'Day-one priority': Business groups claim electricity cost reforms could yield £130bn boost by 2050

Stuart Stone
clock • 6 min read
Credit: iStock
Image:

Credit: iStock

CBI and Energy UK warn electricity costs remain 45 per cent above G7 median, as they argue reform package could slash bills for industry

Removing the cost of the legacy Renewables Obligation (RO) and Feed-in Tariffs (FiT) subsidy schemes from non-domestic energy bills and dropping the Climate Change Levy (CCL) charge from commercial electricity...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

'Year-round crisis': Government urged to address 'heat trap' homes in summer and 'unaffordable' energy bills in winter

'Year-round crisis': Government urged to address 'heat trap' homes in summer and 'unaffordable' energy bills in winter

Citizens Advice calls for Warm Homes Plan update after research reveals one-in-six Britons are taking ‘drastic' steps, such as sleeping in kitchens, to survive summer heat

clock 07 August 2026 • 4 min read
'Not an either/or choice': Government criticised over move to prioritise job creation over green targets in public sector contracts

'Not an either/or choice': Government criticised over move to prioritise job creation over green targets in public sector contracts

Green groups claim move by Number 10 to give weight to job creation over green targets when awarding £90bn of public contracts each year is 'simply not the answer' to youth unemployment

Stuart Stone
clock 05 August 2026 • 4 min read
EU carbon market shake-up, green skills reforms, and the sustainability profession in 2026

EU carbon market shake-up, green skills reforms, and the sustainability profession in 2026

BusinessGreen Editor’s Briefing – August

BusinessGreen staff
clock 31 July 2026 • 2 min read