Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Power bills may rise to fund reactors

Source: Reuters - Mon 19th Oct 2009

Households could face higher electricity bills to help pay for the next generation of nuclear reactors, the Guardian reported on Monday.

The government believes a "carbon levy" on electricity from coal and gas fired power stations may be necessary to make nuclear energy more competitive and encourage investment in the industry, the paper said.

According to energy consultancy firm EIC, the levy would add 44 pounds to the average household's 500 pound annual electricity bill, the paper said.

However, a spokeswoman for the Department of Energy and Climate Change told Reuters: "There are no current plans of that sort."

Comment on this Story

Be the first to comment on this Story !!

Recommended Items