Synopsis
"But the study by the respected think-tank Policy Exchange says the Government’s figures are based on huge assumptions that households will cut their energy use. It suggests the overall impact of subsidies for green energy will cost the average family £400 a year by 2020 – the equivalent of adding 2.5p to the VAT rate.
"The huge cost will raise fresh questions about the Government’s strategy of focusing resources on an expensive network of offshore wind farms in an effort to meet tough EU carbon emission targets.
"Simon Less, of Policy Exchange, called on ministers to be ‘more transparent’."
See the full article on The Daily Mail's website
The Full Cost to Households of Renewable Energy Policies