Green Deal and Energy Saving make Financial Sense

Ed Davey, Energy and Climate Secretary, has recently confirmed that climate change and energy saving policies could save consumers £166 per annum by 2020. (See link below).

This was on the back of the DECC (Department of Energy and Climate Change) report published on 27^th March. This has forecasted that the average household bill by 2020 could reduce from a no change projection of £1496 to £1331 if climate change policies are put in place.

The report also shows that 85% of the present average bill cannot be influenced by Government  as it is largely influenced by international gas and electricity prices. It will be policies like the Green Deal and other renewable initiatives that will provide future savings.

This supports the view that those industries involved in the supply chain for these types of policies are likely to be more sustainable looking forward. These are the types of companies more likely to appear in SRI/Green funds.

https://www.gov.uk/government/news/policies-are-putting-a-cushion-between-energy-prices-and-household-bills-davey

Richard Essex, writing in a personal capacity.