The perfect news to greet a freezing Britain today — energy bills are set to take another hike thanks to a series of dodgy wind energy contracts. According to today’s Telegraph, a ‘shocking series of errors’ has resulted in deals worth £17 billion stacked in the favour of turbine manufacturers. As well as wasting taxpayers’ money, it appears the excessive costs of these contracts could be handed down to families, placing an extra strain on households at a time when family incomes are being pushed to the limit.
Who do we have to thank? Although the contracts were awarded by the coalition in March 2011, the ludicrous deals were dreamt up by one Ed Miliband:
‘Under a scheme agreed by Labour leader Ed Miliband during the last Labour government, but implemented by Coalition ministers, the contracts guarantee that the power firms will be paid even if they fail to deliver energy to households.’
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