SCOTTISH people’s energy bills are set to rise significantly in order to fund the construction of new nuclear power plants in England, the Sunday National can reveal.
The increase in bills will be a direct consequence of the UK Government’s decision to use a Regulated Asset Base (RAB) funding model in their plans to license up to eight new nuclear plants south of the Border by 2030.
Scots could see their energy bills rise by around £100 every year (extrapolating from UK Government estimates) collectively and eventually coughing up more than £2 billion.
