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Renewables set to push up utility bills
Firms and households are facing significantly higher electricity bills over the next five to 10 years as consumers shoulder the cost of renewable energy targets.
Analysts estimate that households are already paying up to £10 extra a year through their utility bills to subsidise alternative forms of energy.
At an energy conference in Edinburgh last week policymakers admitted that the financial burden on households and businesses will only increase as governments push to achieve ambitious renewables targets.
February 14, 2009
by Nathalie Thomas
in Scotland on Sunday
Firms and households are facing significantly higher electricity bills over the next five to 10 years as consumers shoulder the cost of renewable energy targets.
Analysts estimate that households are already paying up to £10 extra a year through their utility bills to subsidise alternative forms of energy.
At an energy conference in Edinburgh last week policymakers admitted that the financial burden on households and businesses will only increase as governments push to achieve ambitious renewables targets.
Scotland has set out to source 50% of its electricity from renewable sources by 2020, with an interim target of 31% by 2011. Westminster wants wind... [continue via Web link]
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