Cost for nuclear power station will be passed on to nearly 30 million customers, while critics warn it could rise to £45bn

The UK’s first new nuclear power station for a generation will cost electricity customers at least £4.4bn and the subsidy bill could reach £20bn, the government has revealed.

The charges, which will be passed on to nearly 30 million customers, are a result of ministers’ decision to guarantee the new Hinkley Point C operators £92.50 for every unit of electricity – more than double the current market price.

Continue reading…
Source: Guardian Environment