Gas & electricity price rises mean better returns for renewable energy
The prices of gas and electricity are set to increase dramatically again over the next few months. This is due to massive hikes in wholesale costs, along with spiralling oil prices according to major suppliers such as British Gas. This means year-on-year increases to January 2009 in excess of 30% for some consumers.The upside is that returns on investment for renewable energy technologies will improve. Up to now, GreenEnergy360 calculates returns assuming a relatively conservative fuel price escalator of 12% per year. At a more realistic rate of say 20%, compounded returns can improve dramatically. Why not try our on line renewable energy property assessment to check your own return on investment for renewable energy?
Labels: electricity, energy, gas, prices, renewable energy
posted by GreenEnergy360 at
11:33
