Emissions Trading Scheme to Increase Energy Bills

The proposed Emissions Trading Scheme (ETS) from the Rudd Government, and supported by the Coalition could force small businesses energy costs to rise by 20-30%.

At the same time, it's estimated that home owners could see total rises in household bills of $1100, with electricity and gas costs contributing around $420 of  the total increases.

Whilst consumers could see $420 added to their electricity and gas costs, a small business could see their own energy costs go up by $1500.

Make It Cheaper says: "The emissions trading scheme is needed because it will focus households and small businesses on becoming greener. But there needs to be the right incentives in place to make sure small businesses get involved and demonstrate that there are some benefits to reducing your power use," he says.

"The small business owner will be feeling a lot of stick at the moment and not enough carrot."

To offset any increase in energy costs small businesses must focus on energy saving measures, and starting shopping around for cheaper energy deals.