Thanks to the stupid Earth, energy bills to rise because we need to go green
Chris Huhne, a man who looks like a flaccid leg muscle, who also happens to be our Energy Secretary, has been talking about our collective investment into "clean" power plants.
Very nice. Very progressive. One thing - how much will it cost us?
Well, there have been claims that this is going to whack our bills up by £500. However, Huhne - a man we can clearly trust implicitly because he's a politician - has dismissed this claim as "completely bonkers".
Huhne (which somehow sounds like a euphemism for bum hole) wants the UK to wean itself off coal and gas, and as such, is encouraging companies to invest in nuclear stations and wind farms. He might give the incentive of adding taxes to coal and gas to make them more expensive compared to low carbon options, thereby, encouraging private investment.
uSwitch reckon this could add £500 to the national average of £1,157, which Huhne is batting away as "armchair economics".
He says: "Our best guess, because energy companies are not the Salvation Army and do require a return on their investments is that our bills are going to go up over the next 20 years from an average of £500 for electricity household bills today to about another £160."
We'll get better deals if more companies enter the green market to make it more competitive. IF they enter the green market.