Forecasting by Cornwall Insight shows that this year’s Contracts for Difference auction will add about £4.59 to a typical household’s energy bill by 2030-31.
Around £39,222,407 is to be returned to electricity suppliers through the Contracts for Difference (CfD) scheme, the first quarter in which this has occurred.
The Department of Business, Energy and Industrial Strategy (BEIS) has launched a consultation on the Electricity Supplier Obligation Regulations payments due to the impact of COVID-19.