Wind farms and solar panels 'will cost more than expected'

Telegraph

Energy bills will rise even more than expected to pay for wind farms and solar panels because ministers have underestimated the cost of green subsidies, a leading think tank has warned.

Ministers are on track to overshoot a budget for renewable energy subsidies that is already due to reach £7.6 billion by 2020, the analysis by Policy Exchange finds.

The subsidies are paid for through levies on consumer bills, which official estimates suggest will rise to £141 per household each year by the end of this decade if ministers stick within the Treasury-set spending cap."