Edward Davey, Secretary of State for Energy, has released figures emphasising that the Energy Company Obligation (ECO) should not be a factor in the increase of energy tariffs.
Energy and Climate Change Secretary Edward Davey said:
“Today I’m publishing hard figures on the costs energy companies really face in delivering the Energy Company Obligation (ECO), so consumers can see what this scheme is really costing energy companies.
“These figures – supplied by the energy companies themselves – show that the costs are in line with previous schemes so there should be no need for any increase to consumer bills due to ECO.”
For more information visit the Government website