Off-Grid.Net » Microgen boom forecast - Off-Grid - life unplugged: solar, wind, hydro, architecture, smallholdings, free stuff: "UK Household energy bills have more than doubled in the last five years alone, from £580 in 2004 to £1,243 today.
If world demand for energy continues to rise, the costs of domestic energy bills will spiral to £ £4,733 a year by 2020. Energy costs will be further boosted by investment in infrastructure, the costs of boosting energy efficiency and the costs of cutting carbon emissions.
“This will trigger a massive increase in demand for all types of alterative energy generation, independent of the national grid, including solar panels, wind turbines and ground and air-source heat pumps,” said author of the report, Ann Robinson, Director of Consumer Policy at uSwitch.com.
The forecast takes into account a significant investment programme shortly to be undertaken by the energy industry and Government. The investment, expected to total £233.5 billion, will guarantee the country’s long-term energy supply and enable the roll-out of smart metering into all homes, but will add £548 to the annual cost of fuel bills."
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