Someone asked me about the Climate Change Levy the other day and asked if that’s why their gas and electricity bills were high. The Climate Change Levy (CCL) is an environmental tax that was introduced in 2001 for business users. It is NOT charged to domestic customers.

The idea of the charge was to encourage business users to become more energy efficient so the UK can meet emissions targets for greenhouse gases.

If you’re in business, you’ll see the charge as a separate item on your utilities bill.

But if you’re a domestic customer you are not charged this. The reason your gas and electricity bills are high is because the utilities companies are making big profits and the value of the pound has fallen quite a bit since the UK voted to leave the EU. This has meant it costs the utility companies more to import fuel.  And they pass that cost on to us.

Unfortunately, things don’t look like they’ll be getting better anytime soon. We’re going to see all sorts of costs get higher and less money in our pockets over the next few years as Brexit continues.