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Bills to rise to pay for energy upgrade

Energy bills are set to rise by an average of £12 a year to pay for a £24bn upgrade of Britain's gas and electricity networks, the regulator Ofgem has announced.

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Firms to be offered energy efficiency incentives

  • Financial incentives will also be offered to firms and individuals that install more efficient equipment, such as better freezers in supermarkets.
  • Firms could also be paid to commit to permanent reductions in their electricity use, and an obligation on energy firms to help secure efficiencies extended to cover business premises.
  • Better labelling of products and an awards scheme to highlight firms that use only highly-efficient products are also included in the consultation.
  • Officials said any new measures would have to be carefully worked out to avoid undermining any of the existing schemes, such as the Green Deal.

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