Renewables Won’t Lower Bills

The introduction of renewable energy is unlikely to have a significant impact on electricity bills.

Manx Utilities has posted a series of facts on its website about the project to introduce solar and wind power.

The Office of Fair Trading recently announced that electricity heating costs Per kWh is higher (33.73p) than gas (15.24p).

It said: ‘The cost of generating electricity a unit of electricity from wind can be lower than the cost of generating from fossil fuels such as gas at the point of generation. However, the total system costs for all intermittent renewable power is expected to be higher because balancing the system is more challenging when predicting output is dependent on the weather forecast.

‘Current projections indicate that the project will not have a significant impact on the cost of electricity.’

A 20MW windfarm is expected to generate at least 58GWh per year based on a load factor of 34%.