We were very disappointed to see the Daily Mail publishing yet more misinformation regarding the impact of climate change targets on household fuel bills. Government figures show that, in fact, investment in the vital infrastructure and climate change policies needed to power a low-carbon economy in the future is likely lead to an increase of just 1% by 2020 - that’s £13 per year on an average domestic bill.

The Daily Mail recently had to print a correction about a similar article. It seems the main problem is one of mathematics. In this latest article, the Mail’s reporter failed to take into account that businesses also use electricity, and by excluding them from its calculations came up with a gross overstatement of the per household cost.  Additionally, some of the increases to energy bills have already occurred. It also excluded savings which are expected to be made with energy efficiency measures.

Energy Secretary Chris Huhne was asked about this on the BBC this weekend – and reiterated that green policies would lead to lower energy bills in the long-term.

The source of the Mail’s information, the Institute of Economic Affairs, is known as a libertarian think tank and so is somewhere between sympathetic and supportive to the likes of Lord Lawson’s climate sceptic arguments. They are cynical about government interventionism in markets by default which dictates their view of any scientific justification for that activity.

Moving to a low-carbon economy will need investment. But investment in the right renewable technology and energy efficiency measures will lead to more stable energy prices in the long run. That's why Good Energy hasn't needed to raise our electricity prices since 2008. We're proof that the renewable approach is the best long-term solution.