How much costs do UK’s green policies add to electric bills?

Aligning your policies with your financial goals holds the key to maximum returns

06:00 21 July 2013

By 2020, UK citizens would have to pay £240 more in their energy bills due to increased Green policies in the country, Leo Hickman reports. One of the big six power companies, RWE npower, announced that the country’s green policies would be the main reason for higher energy bills.

 

Additionally, npower said that even low-carbon tech alone makes bills £82 higher by the end of the decade. By this, the country’s financial market could be affected in the future.

 

You should always align your financial goals with one’s investing policies. Through this, you are creating a shorter and smoother road towards the attainment of your goal. But goals and policies are not that easy to align.

 

To help you with just that, here are few tips:

 

1. Keep your financial goal in mind - Like everyone else, perhaps your goal is to be financially stable or to become rich.Therefore, it’s important to always keep in mind that each and every decision you takeshould help you attain your goals. Suppose you decide to invest your money in stocks, you should choose the best and most profitable stocks out there. 

 

2. Never settle for less - In relation to tip #1, you should always look for investments that give you more profits than any other. You should always search for new avenues for investments that are less risky but give more in terms of returns.

 

3. Don’t be greedy - Sometimes we may focus on profits and perhaps forget about any potential risks involved. Perhaps the more the risk involved, the more prospective profits you acquire.So define your limits. Always choose the investments with average risks and build your return steadily. Again, don’t be too much of a gambler whilst losing all your money in just a snap.