It’s Not Just Solyndra III

But even if the “green jobs” programs don’t actually create jobs, they’re still good for energy ratepayers, right?

Nope…

Costly new incentives to encourage energy companies to invest in renewable power sources such as wind farms will put an extra £160 a year on the average household bill over the next 20 years.

The huge rise is on top of drastic increases in bills being faced already by consumers. Last Friday British Gas, which posted profits of £742million last year, announced gas price rises of 18 per cent, which followed Scottish Power saying it would increase rises of 10 to 15 per cent.

 

Speak Your Mind

*

Connect