Labour’s Budget to Put Hundreds of Pounds on Electricity Bills
Green levies helping to support supposed cheap wind and solar power have soared in Labour’s Budget and will quickly add many hundreds of pounds to household electricity bills. This shock news is to be found in the details released by the Office for Budget Responsibility (OBR). Needless to say, no mention was made of the sudden subsidy spike in the Chancellor’s Budget Statement to Parliament. But the detailed figures reveal that the levies are set to confiscate £16 billion a year from consumers from next year. This is equivalent to nearly £600 a household, but the situation is only likely to get much worse with the Mad Miliband committed to a 95% renewable grid within six years.
The problems don’t stop there. A renewable grid based on breezes and sun beams needs back-up when Mother Nature fails to co-operate. Earlier this week, the wind stopped blowing for a couple of days and minimal power was obtained from this source. The pretence that there is any realistic back up other than a secondary gas-based system is fading fast. Fintan Slye, the head of the operation controlling electricity supply into the grid, recently noted: “There will continue to be a significant amount of power plants in reserve for the cold, dull, windless weeks of winter, but they will run for limited periods.” To date we have yet to have sight of an official estimate of what all this might cost.
In the meantime, and it seems just for starters, British consumers have £16 billion to find every year, as the graph below compiled by Andrew Montford from Net Zero Watch shows.
Montford shows that the estimated cost of green levies (mostly renewables) has shot up in the last 18 months with estimates rising between 20% and 120%. In its report, the OBR blames the jump on the Contracts for Difference (CfD) scheme that compensates suppliers for low electricity prices but claws back money when rates rise above a certain level. Loosely-worded contracts seem to mean that money only flows one way into the pockets of the subsidy-hunting turbine owners. Montford notes that the OBR is “no longer pretending” that CfD contracts will be paying back to consumers “in the foreseeable future”.
The figures involved are staggering. Montford explains that 18 months ago the OBR was predicting that CfDs would save consumers nearly £10 billion between 2023-24 and 2028-29. However, six months ago, “they decided it would actually ‘cost’ us £9 billion. And today they have announced that it will cost us £12 billion”, he added. Faced with these figures, the general public may recall that one of the first actions of the incoming Labour Government was to abolish an annual winter fuel allowance for older people, saving just £1.5 billion. Some might observe that such a sum is little more than a rounding error in the fantasy world of green economics and subsidies.
The environmental levies cover a variety of green rackets from paying suppliers to produce uneconomic and environmentally unfriendly energy, to persuading consumers to buy inferior technologies. The investigative journalist Paul Homewood has been digging into the subsidy figures for years amid promises from politicians that “rapidly falling” wind power costs would bring bills tumbling down. “Now we know that was always a lie,” observed Homewood last year.
In fact, Homewood suggests, an even greater burden is being placed on U.K. electricity consumers. The feed-in tariff scheme that pays consumers for electricity generated from solar panels has been excluded by the OBR. Although the scheme is no longer open to new applicants, it is yet another subsidy and still costs almost £2 billion a year. The renewable heat incentive is another £1 billion plus boondoggle ignored by the OBR, while the climate change levy, added to business costs, chips in another £2 billion.
All in all, Homewood estimated last year that Net Zero taxes and levies were set to cost the British consumers almost £100 billion over the next six years. The Labour Budget just put that up by at least £25 billion. The Net Zero black hole gets bigger by the day.
Chris Morrison is the Daily Sceptic’s Environmental Editor.
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The sooner the blackouts come, the better.
Even that won’t convince the Sheeple to do anything. TV says climate change is the greatest challenge evah. They will suffer through blackouts and blame plant food from the local factory or your diesel car. They would probably burn your car and your house in protest. You have far too much faith in the sheeple. See Rona for more info.
Ed Miliband is going to be the most expensive politician in history
In 2009 just after Climategate exposed the global warming fraud, Miliband headed off to the Copenhagen COP. As it became clear that no agreement to send astronomical sums of money from wealthy western countries to poor countries in an eco socialist con, leaders like Obama started to fly home early. —-One who stayed right till the bitter end trying to chuck away our money was Ed Miliband, and it is this cretinous goon that is back in charge of energy once more.
Unfortunately, until it really hurts, the public will continue in their stupor in believing Net Zero. However, when the huge bills come rolling (at the same time as the inevitable power cuts), then the penny will drop. They will witness huge bills, less electricity and cold Grandparents. Even the useless MSM won’t ignore that.
Labour has now thrown away any ‘goodwill capital’ it may have had since July. They have been almost comically incompetent in all they have touched. There will be a huge backlash, perhaps starting with the farmers. However, people aren’t ready to forgive the treacherous Tories yet, they have years of work ahead.
Reform appears well positioned.
I’m not so sanguine I’m afraid. How many billions did the government throw away during ‘Covid’? And how much scrutiny has there been of any of it? If you ramp up the fear enough, people will go along with anything. That’s why every weather disaster is now a climate disaster. ‘What, are you saying that your standard of living is more important than the lives of all these people who died?’. In fact, they could recycle the ‘if it saves one life’ nonsense again.
Also, Labour’s undoubted incompetence will just cause disgruntled people to turn back to the Tories.
Between 350 to 500 billion pounds.
And not a peep about it from the propagandized BBC etc. Shock.
Omerta rules – and the same re energy prices (it’s all Putin’s fault)
I agree. Covid insanity, forced experimental injections, papers to prove obedience, censorship, business and lives ruined, elderly parents allowed to suffer and die at the behest of the state, turning on neighbours, denial of education, fines for having a coffee on a bench, masking, scotch egg safety rules in Pubs. All accepted without a murmur from the majority Pre schoolers taught adult practices by teachers in state education, children encouraged to accept that biological reality does not exist, that they can hide it from parents, Schools and health systems feeding them drugs to make them infertile, and then butcher them by removal of breasts and other organs, and yet its accepted, where are the school protests? Women are no longer a recognised species, they are the same as a man in a skirt with a beard they are no more than dollys, only good for incubating babies and society accepts it. Children abused around the country by aliens, mass ilegal migration by those that would seek to destroy the UK but jail awaits those who question, meanwhile violent criminals walk free to make way in prison for those that speak up. No one says anything in the media. I could… Read more »
Needed to be said.
Part of the problem is those people who continue to push the view that this Labour government are incompetent. They are not incompetent they are simply doing as they are told. Kneel and Co are not running this country.
At the risk of sounding like a broken record we have to accept that politics in this country is more or less finished. Our fate is in our hands.
Our salvation will not arrive via the ballot box.
Rising unemployment will concentrate their minds better than the blackouts as the power will only be off for a while but their job prospects will be snuffed out completely.
A 2024 power blackout will be more deadly than the 1970s as so much is now reliant on tech and literally nothing can be done when the IT systems are down.
I’ve just had a hell of a job getting someone to fit a replacement gas fire in my living room. One of the few gas installers who looked at the job commented that it was unusual for anyone to fit a new gas fire, and almost all his work was removing gas fires and replacing them with electric fires. As somone who grew up in the 1960s I was taught to value the notion that it’s best to spread the risk, and not become totally dependent on a single source of energy. I guess that lesson’s been lost on the younger generation.
Same experience for me as well. I had to remind much younger people that unless they had battery operated radios they would not have access to any information in a blackout.
I think the old landline phones worked during blackouts ? Not sure how many people have landline phones now?
No landline phones will work without power across the network, once lines are transferred to VOIP (voice over IP)
They did, as the old exchanges used large 50V lead acid batteries. They were more or less immune to power interruptions.
I’ve still got an old landline phone that will be useless once BT switch to VOIP, and I did actually use it a couple of years ago to report a power cut.
Indeed 48v or thereabouts on a traditional POTS line, but even the power backing those has been cut back – only so much diesel in the exchange generator… and once the exchanges are largely gone / shrunk to free up land to sell by BT, that’ll be gone. Again BT are spinning this as an improvement, which is plainly total bollocks
We already have the highest electricity bills in the entire world. Our prices are 4 times higher than in the US. So much for all the FREE WIND. Now that Labour are in government with an eco-fundamentalist UN lackey in charge of energy (Miliband), prices are only going to get higher and higher. This is economic suicide. Yet these blundering buffoon politicians will talk about economic growth which is driven by affordable energy, not unaffordable energy. They also will stand there at news conferences and proclaim that “Renewables are now cheaper than fossil fuels”. —–They are a shower of lying cheating UN parasites.
In the meantime, some freight companies that operate on Network Rail lines look like favouring diesel traction on account of the rather high electric traction unit charges by the latter.
Question why are they doing this to us? what is the big plan? It cannot be about protecting wildlife and the planet because solar farms are not ideal habitation for wildlife, and placing turbines in the ocean is a pollutant, and kills dolphins, porpoises and other large sealife. Surely the better thing would be to focus on pollution and reducing pollutants, than the dumb arrogance of stopping the worlds climate changing. I mean the Governments can’t stop terrorists entering the country on orange boats from France, it can’t build a railway, it can’t fix a healthcare system, but they try and kid us they can stop the climate changing.
Milliband will plunge us into darkness and a system so destroyed it will take decades to recover, just as he is evicted like the rest of them from office, and he will no doubt run back to the safety cloak of his masters in the WEF/U.N/ similar globalists to be paid a large sum like Judas for his betrayal, the only pity is he will feel no remorse.
Crikey Hester, not holding back this morning. 👍👍👍
Any business that has intermittent, unpredictable, unplannable output cannot be viable.
Check out the following useful link https://grid.iamkate.com/
It details the energy sources sustaining the grid in real time. Note the consistently high contribution made by gas, nuclear and the ‘bio fuels’ being burnt at Drax. I console myself with the fact that it will prove utterly impossible to manage without the gas and this whole net zero nonsense will crash into reality soon enough.
The best indicator of the weather
Always interesting. Especially the weekly and yearly data
https://www.conservativewoman.co.uk/why-i-despair-that-the-global-warming-scam-will-ever-be-recognised-as-such/
A very worthwhile read.
“So what will Britain look like in 2035 and 2050, the global-warming scam having held sway during the intervening years?
I think most readers can make their own accurate predictions, but here are some of mine.
frequent, major and prolonged power cuts in many parts of the country
greatly increased numbers of deaths from the cold
most industries mothballed due to unaffordable electricity
electric cars, vans and lorries dominating roads and many of them broken down on roadsides with flat batteries
air travel gradually reduced to almost none as airlines and airports go bankrupt
food scarcity due to lack of fertilisers and the covering of farmland with solar and wind farms
Ed Miliband congratulating himself while sitting shivering, huddled over a single (beeswax) candle in his pitch-dark Westminster office: ‘I’m brilliant, I’ve saved nought-point-seven percent of the world’s CO2 emissions. A pity that no other nation has followed suit.’
Most of today’s grandparents will no longer be around when the situation becomes intolerable, but they can be fearful in the meantime for the lives of their children and grandchildren.”
Difficult not to agree although when the above scenario plays out civil unrest will become endemic.
UK FIRES report at https://ukfires.org/impact/publications/reports/absolute-zero/ has a graphic showing what must happen by 2050 (see page 7):
1) Road use at 60% of 2020 levels – through reducing distance travelled or reducing vehicle weight.
2) Electric trains the preferred mode of travel for people and freight over all significant distances,
3) Zero flying
4) Zero shipping
5) Heating powered on for 60% of today’s use.
6) All appliances meet stringent efficiency standards, to use 60% of today’s energy.
7) Total energy required to cook or transport food reduced to 60%
8) Demand for scrap steel and ores for electrification much higher, no iron ore or limestone.
9) All materials production electric with total 60% power availability compared to 2020
10) Any cement must be produced in closed-loop, new builds highly optimised for material saving.
11) Manufacturing inputs reduced by 50% compensated by new designs and manufacturing practices. No necessary reduction output.
12) All energy supply is now non-emitting electricity.
13) Zero fossil fuels.
Concerning point 10 above: Elsewhere in the report it mentions construction using ‘rammed earth’. Which I take to mean mud huts.
Thanks for this.
Rammed earth is indeed effectively mud.
With you on all that, EXCEPT Ed won’t be suffering, he’ll be nice and cosy somewhere, living off his ‘rewards’
I agree but I simply lifted the quote from the article.
I don’t know what Morrison is fussing about. Sun 3rd Nov 10.30am the wind is giving us 4% and sunshine 2%. 46% is made up of ccgas which the brilliantly intelligent Miliband brothers want to get rid of! Total idiots!