The cost of household electricity will rise by as much as 40 per cent by the end of the decade because of the Government’s green energy policies.
Official figures — initially withheld by ministers — show an alarming increase in the price of electricity caused by generous subsidies to wind farms as well as other policies.
An average household is expected to pay as much as £250 more for electricity – mainly through consumer subsidies – to pay for the Government’s green energy schemes, while an electrically heated house could be as much as £440 a year worse off.
And by 2030, when thousands of planned offshore wind turbines are finally operating, the burden will be even greater, the numbers show. The average household could be paying an extra 60 per cent for electricity – equivalent to £350 more a year.
Medium-sized businesses will be hit very hard, according to the new data. On average such companies will see electricity bills rise by more than £500,000 a year – a cost likely to be passed on to consumers.
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http://www.telegraph.co.uk/news/earth/energy/11292367/Green-policies-to-add-up-to-40pc-to-cost-of-household-electricity.html
