Rising Energy Prices
"Fuel prices set to rise by 30% over next 5 years"*
Fuel prices have doubled in the last five years with the average household energy bill rising from £660.00 to £1,293.00 since 2006.
25% of Scotland’s houses are “Off the grid” and hit harder, as it has long been recognised that Oil or Electric heated properties are significantly more expensive to heat than those with Gas heating with oil rates volatile to say the least.
Fuel prices will continue to rise driven by
- Fuel security
- Need for better storage and distribution
- Cost of establishing Green Energy
* Daily Express 6th November, 2011.
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