Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if the Government will commission an analysis of the potential effect on the UK renewable electricity generation companies of its proposed removal of the Climate Change Levy exemption for renewable power.
Removing the CCL renewables exemption will not increase wholesale electricity prices, and the energy market for businesses and public sector organisations is very competitive.
Removing the CCL renewables exemption means the CCL will continue to add 5%-7% to public sector energy bills, which is consistent with estimates published by DECC. This provides a price signal to incentivise much needed energy efficiency improvements.