Tuesday, 5 October 2010

Consumers will have to pay more to finance Scotland's renewable revolution

Last week, the Scotsman ran an article which quoted the chief executive of Scottish Power warning that consumers will have to pay more on their energy bills to finance the upgrades required to the Grid system to collect and deliver renewable energy.

The average fuel bill in Scotland includes £19 that goes towards renewables funding. That figure could rise to as much as £100.

Nick Horler's comments come as the FIrst Minister told an international conference that Scotland would be generating 100% of its energy needs from renewable sources within the next 15 years.

As the article points out though, that dream will come at a heavy cost and with the increase in fuel bills, there are warnings from fuel poverty action groups that little is being done for those struggling the most.

It's a great article and it does make you think - there are massive profits for someone within this renewable energy boom - surely some form of capping and re-investment figure should be set, that could perhaps help those already in fuel poverty cope with the increases?

Is renewable energy really such a good deal for the average consumer in the short run?

Read the Scotsman's article here.

photo credit: pink moose

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