United Kingdom

United Kingdom

More fossil fuel levy to renewables

The Fossil Fuel Levy, which pays for the government's programme of renewables support in England and Wales, is to be cut to just 2.2% of electricity bills in the next financial year from April 1, 1997. According to Electricity Regulator Stephen Littlechild, the new rate will be enough to cover commitments under the Non-Fossil Fuel Obligation (NFFO) and payments to the non-privatised rump of the nuclear industry. For the first time, most levy proceeds -- 58% -- will go to renewables instead of to nuclear. Last November Littlechild reduced the levy rate from 10% to its present 3.7% due to the privatisation of part of the nuclear industry. Until November the levy had stood at 10% or above since the NFFO programme was first introduced in 1990.

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