Electricity bills to rocket by 25% because of 'green' targets, says Government

Daily Mail
"The study concluded that electricity prices are likely to rise by 41 per cent by 2020 in real terms – with more than half the increase a result of switching to ‘low carbon’ energy sources. In total, ‘green’ measures will add 23.8 per cent to the price of electricity. The impact on families will vary according to consumption, but the report found that those whose homes are heated by electricity could see their annual bills rise by more than £400. The analysis also suggests that a new ‘carbon price floor’ – introduced on the pretext of cutting carbon emissions – will effectively act as a tax, raising £3billion a year for the Treasury from electricity consumers by 2020. The CCC’s report suggests that people whose homes are heated by electricity will see their average bills rise from about £1,500 to £2,100 in 2020."