Huhne calls for energy backing

CLIMATE change secretary Chris Huhne hopes his “Green Deal” will kickstart £14bn private investment in insulating draughty homes by 2020.

In his annual energy statement, Huhne said policies to increase efficiency and boost participation in renewable technologies would save households about £94, or seven per cent off the annual utility bill.

But he conceded rising gas prices will still push up costs for consumers. Medium-sized businesses are set to see bills rise by almost a fifth by 2020, and large firms will see a lift of between two and 20 per cent.