UK government looking to reduce green levy on utilities

Discussion in 'Increasing the value of your property' started by Nicholas Wallwork, Nov 16, 2013.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    In a move which is potentially vote winning in the short term the UK government has announced plans to reduce the so-called green levy on utility bills in the UK. It is rumoured that this "green levy" equates to around £100 per annum per household and is certainly making a difference with regard to the ever-growing cost of utilities.

    This may well reduce the short-term burden on UK households, as we suggested it may well be a vote winner but the long-term situation remains unchanged. Green energy will play a more prominent role in our everyday lives forever and a day although finding a balance between short-term price increases and long-term investment is not easy.

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