Tuesday, October 05, 2010
UK Households Face £769-a-Year Rise in Power Bills to 'Rewire the Nation' for Green Energy
A £200billion plan to switch to green energy could cost households an average of £769 a year, it was claimed today.
Industry regulator, Ofgem, said a massive construction plan is needed to build new wind farms, power stations, including nuclear, and a modern national grid.
The first stage, a £32billion plan to build new pipelines and pylon networks, has been given the go-ahead. Ofgem said this element will cost households a relatively modest sum of an average of £6 a year.
However, industry analysts said the full £200billion cost would put up the average annual bill of £1,194 by £769 a year - or 68 per cent - to £2,000.'
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