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Telegraph Discover Renewable Subsidies Make Bills Higher!

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By Paul Homewood

 

 

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https://www.msn.com/en-gb/money/other/net-zero-will-mean-higher-bills-admit-miliband-s-officials/ar-AA1ziTHz

They’re only nine years too late, but the Telegraph has just discovered that renewable energy has made electricity bills higher!

Their latest article has “discovered” a document from 2016 from what was then the Dept of Business and Trade, which admitted:

“A number of policies have been developed to increase the share of electricity generated from renewable sources including the renewables obligation, feed-in tariffs and Contracts for Difference. The costs of funding these schemes are recovered through levies on suppliers and ultimately passed on to domestic and industrial consumers’ bills.

The government recognises that, in the short to medium term, the resulting increase in retail electricity prices risks reducing the competitiveness of the UK’s most electricity-intensive businesses where they are operating in internationally competitive markets.”

https://www.gov.uk/government/publications/renewables-obligation-and-small-scale-feed-in-tariffs-apply-for-compensation

Better late than never!


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