Electricity costs to soar by 27% over the next eight years
ELECTRICITY costs will soar by 27% in the next eight years because of the Government's environmental policies -- adding £280 to the average bill.
Household electricity bills are set to soar, rising by up to $918 a year by 2012-13, thanks to a combination of the federal government's planned carbon emissions trading scheme and a large spending program needed to improve network reliability.