The cost of green energy – 5% price rise over next five years

ALAN JONES

CONSUMERS will face a 5 per cent increase in electricity bills by the end of the decade to help pay for the government’s target of generating 10 per cent of the country’s energy by renewable sources, according to an official report.

The National Audit Office (NAO) said the government was on course to achieve a significant increase in renewable power, but a number of challenges remained if the target was to be reached by 2010.

The cost to the consumer and taxpayer will be more than £1 billion a year by the end of the decade, increasing electricity prices by about 5 per cent.

The Scotsman