Wind farm contracts that will lead to higher energy bills should be re-written, says MP

Telegraph
" A report by MPs on the Public Accounts Committee (PAC) yesterday disclosed that households across the country face seeing their bills rise after deals worth £17 billion were agreed with energy firms delivering wind-generated power. Under the contracts, which were agreed by Ed Miliband, the Labour leader, during the last government, but implemented by the Coalition, energy companies are guaranteed an RPI inflation-linked income for 20 years even if they fail to deliver energy to households. MPs on the PAC accused ministers of failing to learn lessons from failed private finance initiatives and said the costs from the wind farm contracts would now be passed on to consumers. Ofgem, the energy watchdog, has said it will in future “refine the tender process to deliver greater efficiencies and further benefits to consumers”.