The True Cost of Renewables...

Today the Committee on Climate Change published a report on the impact of climate change on energy bills and hopefully puts to rest the scaremongering about the cost of renewables on utility bills.

The key point? Yes, renewables will add to the cost of our bills by about £100 by 2020....cue raving headlines from the press...

However, the real impact of the report is that it states that rising gas prices will add £130 over the same period. Since 2004, rising gas prices have added £300 to our bills already and the cost of inaction in terms of carbon prices and fossil fuel costs will add £600 by 2050.

So the result is this....there will be a cost involved whether we support renewables or not - but it will be much, much higher if it is the latter option. We need to get over it now...and got on with greening our energy supplies.

Link to Report