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UK Households Face £1 Billion Energy Bill Hike for Green Subsidies

12/3/2025

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Summary

Story summary

The Office for Budget Responsibility says UK households will pay about £1 billion more per year in energy bills to fund green subsidies.
The cost relates to Ed Miliband's upcoming renewable energy auction.
The cost did not feature in Rachel Reeves's Budget.
The disclosure, noted in a footnote of the OBR's Fiscal Outlook, raises questions about Labour's living-cost claims and the Budget's accuracy.

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Story summary

The Office for Budget Responsibility says UK households will pay about £1 billion more per year in energy bills to fund green subsidies.
The cost relates to Ed Miliband's upcoming renewable energy auction.
The cost did not feature in Rachel Reeves's Budget.
The disclosure, noted in a footnote of the OBR's Fiscal Outlook, raises questions about Labour's living-cost claims and the Budget's accuracy.