October 30th, 2009

A recent report by the Green Fiscal Commission (GFC) recommended that UK resident’s gas and electric bills are taxed increasingly over the next 10 years in order to cut back on the amount of energy that is being used in each household.

If the new plan is introduced then by 2020 UK households will see taxes represent 80% of their gas bill and 30% of their electricity bill which means that many people would be paying over £800 per year. Some people already say that fuel bills in Britain are too high so there are concerns that another tax would be too much for many people.

Apart from the hikes in taxes, the report by the GFC also offered ways that the government could help UK citizens save money on their electricity bills.

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