Ed’s £69 Energy Sting For Every Household by 2020

green-isnt-working

Yesterday Guido revealed in the Sun that while in government Ed Miliband legislated to add £69 a year to every household bill by 2020. We’ve crunched the numbers…

In November 2009 Secretary of State Miliband told the Commons:

“That takes me to the issue of energy, and I repeat that we face big challenges in that area. No one should pretend the scale of the challenge is not huge. Our plans will mean that approximately 10,000 wind turbines will be built between now and 2020, as part of the strategy for achieving 30 per cent. renewable electricity by 2020.”

Well according to Department of Energy and Climate Change in March 2010:

“Onshore wind receives 1 Renewables Obligation Certificate (ROC) per MWh and offshore wind receives 1.5 ROCs per MWh.”

The value of a ROC is estimated at £40.55, dropping to £39.34 by 2015. For simplicity, lets be generous and assume all of Ed’s windmills will be onshore (offshore ones will add even more to the cost). RenewableUK say a modern turbine produces 2.5MW  of electricity an hour. We could say 2MW to be on the safe side, and the wind doesn’t blow all the time. DECC say just 25.6% of the time in fact.

So those 10,000 turbines x 2MW per turbine x 0.256 (load factor) x 8760 (number of available hours in a year) x £40 (subsidy per hour generating) = £1.79bn.

There are 26m households in the UK. So that will £69 per household per year cost. Cheers Ed.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Labour MP Jamie Reed:

“I apologise to every man, woman and child in this country who needs a Labour government.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

GOVE TOPS CONHOME POLL AGAIN GOVE TOPS CONHOME POLL AGAIN
UBER, BUT FOR BREXIT UBER, BUT FOR BREXIT
LABOUR’S BANK HOLIDAY TIMELINE LABOUR’S BANK HOLIDAY TIMELINE
THIRD LABOUR COUNCILLOR SUSPENDED OVER “HITLER” TWEET THIRD LABOUR COUNCILLOR SUSPENDED OVER “HITLER” TWEET
LABOUR COUNCILLOR: ISRAEL BEHIND ISIS, “ZIONIST JEWS ARE A DISGRACE TO HUMANITY” LABOUR COUNCILLOR: ISRAEL BEHIND ISIS, “ZIONIST JEWS ARE A DISGRACE TO HUMANITY”
ANOTHER LABOUR POLITICIAN WANTS TO “RELOCATE” JEWS TO AMERICA ANOTHER LABOUR POLITICIAN WANTS TO “RELOCATE” JEWS TO AMERICA
DIANE ABBOTT CAR CRASH: ANTI-SEMITISM A “SMEAR” DIANE ABBOTT CAR CRASH: ANTI-SEMITISM A “SMEAR”
KHAN ALLY: “ISRAEL IS A TERRORIST STATE LIKE ISIS” KHAN ALLY: “ISRAEL IS A TERRORIST STATE LIKE ISIS”
DIANE ABBOTT DEFENDS NAZ SHAH, SAYS ANTI-SEMITISM ISN’T A PROBLEM FOR LABOUR DIANE ABBOTT DEFENDS NAZ SHAH, SAYS ANTI-SEMITISM ISN’T A PROBLEM FOR LABOUR
Fiorina Drops Fiorina Drops
£500,000 EXPENSES FRAUDSTER MEP JAILED £500,000 EXPENSES FRAUDSTER MEP JAILED
SEUMAS MILNE PRAISES HAMAS SEUMAS MILNE PRAISES HAMAS
ALLEGED GRANNY BASHER MP IN COURT TODAY ALLEGED GRANNY BASHER MP IN COURT TODAY
CORBYN AGREES BBC ARE “ZIONIST LIARS” CORBYN AGREES BBC ARE “ZIONIST LIARS”
LABOUR IN CRISIS LABOUR IN CRISIS
KHAN ON KEN, KEN ON KHAN KHAN ON KEN, KEN ON KHAN
CORBYN’S CALLAGHAN MOMENT CORBYN’S CALLAGHAN MOMENT
BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS
JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE” JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE”
KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM
KEN: “HITLER WAS SUPPORTING ZIONISM” KEN: “HITLER WAS SUPPORTING ZIONISM”
NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM
RUPA HUQ DEFENDS NAZ SHAH’S ANTI-SEMITISM RUPA HUQ DEFENDS NAZ SHAH’S ANTI-SEMITISM
Carly Fiorina Sings Lullaby Carly Fiorina Sings Lullaby
BRADFORD COUNCILLOR POSTED GOEBBELS NAZI FILM “THE ETERNAL JEW” BRADFORD COUNCILLOR POSTED GOEBBELS NAZI FILM “THE ETERNAL JEW”
NAZ SHAH SUSPENDED BY LABOUR NAZ SHAH SUSPENDED BY LABOUR
Naz Shah’s Pro-Hamas Tweets Naz Shah’s Pro-Hamas Tweets
FARAGE RESPONDS TO “PONCEY” JIBE FARAGE RESPONDS TO “PONCEY” JIBE
PM: “EXTRAORDINARY” NAZ SHAH STILL HAS LABOUR WHIP PM: “EXTRAORDINARY” NAZ SHAH STILL HAS LABOUR WHIP
SHADOW CABINET SPLIT: LISA NANDY TELLS CORBYN TO SACK NAZ SHAH SHADOW CABINET SPLIT: LISA NANDY TELLS CORBYN TO SACK NAZ SHAH