Going Green in the Snow
Going green will push Scots fuel bills up £100
CASH-strapped consumers face a hike in fuel bills of up to £100 a year to pay for the switch to renewable energy in Scotland, industry experts have warned.
The overall bill to pay for the renewables and low-carbon economy has been estimated at more than £200bn - including about £100bn on upgrading the grid alone. The vast majority of costs for renewable energy projects such as off-shore wind farms are financed through consumers' energy bills.
Nick Horler, chief executive of ScottishPower, yesterday warned "Someone has to make the investment and ultimately someone has to pay. We have a fantastic post-recession opportunity to provide large numbers of jobs in renewable energy - but this will have to be paid for and recovered through energy prices and everybody needs to be clear about that."