The chief executive of E.On UK has urged the Government to ease the burden of energy policy costs on business electricity bills, aiming to support "concerned" UK firms.
Chris Norbury said moving policy costs into general taxation would encourage further investment from businesses and aid the transition to renewables.
Business investment in low-carbon technology
Research commissioned by the company shows many UK businesses are eager to invest in low-carbon technology but are deterred by the associated costs.
E.On believes UK manufacturers could save more than £2 billion by 2035 by moving away from gas and scaling up clean energy technology, according to the group's ReIndustrial Revolution analysis.
Government direction and dialogue
Mr Norbury told the Press Association that the recent removal of VAT on consumer electricity bills by Andy Burnham's government indicates ministers are "moving in the right direction".
He added: "We hope it shows there is an overall direction of travel within Government about the positives that electrification can bring."
He has spoken to Energy Secretary Miatta Fahnbulleh, describing the relationship as "positive and constructive".
Business concerns and policy recommendations
Mr Norbury noted that business customers are seeking supportive energy policies and a stable investment backdrop.
He said: "Whether it's small, medium or big businesses, they are concerned about rising energy costs, some of the rising commodity costs and therefore don't want to see an impact from higher policy costs."
E.On suggests the Government could shift policy costs, such as the renewable obligation and feed-in tariffs, from electricity bills to general taxation or a dedicated energy transition fund.
