Renewable Energy

(asked on 20th January 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the cost of the Electricity Intensive Industries - Relief from the Cost of Renewables scheme.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 27th January 2015

The Government estimates that relief from the costs of the Renewables Obligation and Small Scale Feed in Tariffs scheme will be £1.2bn between 2016/17 and 2019/2020. However the exact cost will depend on the number of companies that apply for the relief; their electricity usage and levels of production.

While the Government has sector electricity data we have limited business level data from a small number of sectors. We do not therefore have an assessment of the number of sectors that pass the sector level test but fail the business level test.

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