Over the next few years, homeowners could be receiving greener electricity bills after George Osborne added £2bn to the Green Investment Bank (GIB) in yesterday's Budget.
The Chancellor's announcement brings the GIB's capital to £3bn and he also added that the bank will open for business next year, although it will be 2015 before it can borrow money.
It's expected that a further £15bn will be introduced from the private sector and that the money will be used by energy suppliers to encourage more consumers to move to receiving greener energy products.
The Budget also set out plans to introduce a carbon price floor, which will encourage energy companies to look into using renewable sources of power, or carbon capture and storage techniques.
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