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Electricity bills will have to rise by up to £500 a year to pay for a new generation of environmentally friendly power stations, it emerged.
Chris Huhne, the Energy Secretary, will outline government plans today to encourage energy companies to develop low-carbon power plants, including nuclear power stations and wind farms.
Energy analysts say the Coalition's plans will put Britain on course for a "high cost, low carbon" electricity market where consumers pay the price for environmentally friendly generating technology.
Energy companies say that the shift will require them to invest more than £200 billion in new power stations and networks over the next 20 years.
Originally posted by SparkyP
It was only a matter of time till they blamed us for polluting and making us pay for it lol.
Why don't we just fill a desert with solar panels, surely this would be more affective!
Originally posted by Pervius
When oil went to $150 a barrel they started a "fuel surcharge" over here to get more money. The Fuel Surcharge on the power bill doubled everyone's power bills.
So everyone cut power use dramatically. Which cut revenue and resulted in a runaway need to keep raising the fuel surcharge EVEN THO oil went way below $150 a barrel.
They are proposing a 15% Fuel Surcharge increase here yet again...which will result in less power being consumed by customers....less revenue to pay Bonds/Loans/fuel costs for power production.
We've entered a runaway nightmare that's only going to get worse. It's cheaper now for us to buy gasoline to power a generator to power the house....than buy power from the grid.
Rationalize that dilemna......