The cost of generating green electricity has hit a record high as subsidies are handed to expensive offshore wind farms and household solar panels, new figures show. The annual bill for consumers to subsidise renewable technologies has soared to more than £2.5bn as more turbines are built and households install panels on their roofs. But new figures show that the average cost for each unit of green electricity has also increased, hitting a record high of £66.97 per MWh in 2012-13, the most recent period for which figures are available. The figure was a rise from £54.26 the year before, despite pledges from ministers to bear down on the costs of green energy. The increase reflects the drive to build wind turbines at sea, which receive roughly twice as much subsidy as those built onshore, where wind farms have proved increasingly controversial.
Posted on: Sat, 28 Jun 2014 23:23:10 +0000
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