What does wind power cost?

Consumers and the industry are focused on reducing the cost of energy to consumers. It is essential that consumers have clear understanding of the different costs that make up their bill and the proportion that funds the UK's transition to a more secure, low carbon future.

Industry costs

The UK wind industry is undertaking a great deal of work to analyse its operations and reduce the cost of its operations. These cost reductions will help lower bills for consumers.

The onshore wind industry has committed to becoming the least cost form of new generation by 2020 and the onshore industry has committed to cutting its costs by 30% by 2020 making it competitive on cost with other renewable technologies.

Consumer costs

Electricity Market Reform is expected to save an estimated 9% (or £62) per year on average annual household bills over the period 2016-2030 and make the UK market one of the most attractive for clean energy developers.

Energy and climate change policies like Electricity Market Reform (EMR) account for around 9% of the average consumer bill whilst the cost to your supplier of buying electricity on the market ('wholesale prices' make up around 47% of an average household bill.

Onshore wind accounts for around 0.7% (£9) of the average annual domestic fuel bill.

Last updated: 2014-10-15 09:27