NAO
The National Audit Office found households across Britain have paid at least £800m more because of weaker price controls set by the regulator
The National Audit Office says regulators, including those covering energy and water, have not been specific enough in defining the overall outcomes they want to achieve for consumers
The minister says smart meters ‘will make our lives simpler and easier and our bills more affordable’
It says BEIS underestimated the time it would take to implement the infrastructure and technical standards for the second generation of smart meters
The government awarded 11 Contracts for Difference worth up to £176 million annually in last year’s auction
Transport Secretary Chris Grayling had said journeys could be improved sooner than expected without the need for “disruptive electrification works” due to advances in train power technologies
The government has “not sufficiently” considered the costs and risks of the Hinkley Point C nuclear plant deal for consumers. That’s according to the National Audit Office (NAO), which warns the deal has locked consumers into a “risky and expensive project with uncertain strategic and economic benefits”. The spending watchdog adds the case for the […]
Consumers will see an increase in household energy bills at the end of the decade as a result of the government exceeding its subsidies cap set for low carbon generation. According to the National Audit Office (NAO), the government initially set a cap on the Levy Control Framework (LCF) of £7.6 billion for 2020/21 but […]
The government’s decision to cancel competition for carbon capture and storage may increase the cost of meeting the country’s 2050 carbon targets by an eye watering £30bn. That’s according to a report by National Audit Office (NAO) commissioned by the Environmental Audit Committee, which added it could also delay the deployment of the technology until […]
The government’s flagship energy efficiency scheme, which cost taxpayers millions of pounds, forced up people’s bills without any additional energy savings. A damning report from the National Audit Office (NAO) states DECC’s design and implementation of the Green Deal, which was scrapped last July, did not persuade householders that energy efficiency measures are worth paying […]