Taxpayer campaigners say unrealistic targets for green energy imposed by the EU are adding to the soaring cost of household bills and should be scrapped, reported The Daily Express.
EDF Energy pushed up prices by 10.8 per cent on Friday, following hikes by British Gas, Npower, SSE and Scottish Power.
The TaxPayers’ Alliance says the EU has set the toughest targets for the use of renewable energy by 2020 on Britain.
For the UK to increase its renewable energy use from 2.9 per cent to 15 per cent by 2020 requires a huge investment, passed on in household bills.
Energy companies are urged to review the way they buy coal, oil and natural gas. UK suppliers use short-term contracts that expose customers to price fluctuations: They benefit when prices are low but are hit hard when they rise.