Households will be made to pay for wind farms and nuclear power stations under a new Energy Bill that will force up electricity bills by around £200 a year.
The new laws revealed in the Queen’s Speech will bring in a raft of costly subsidies to help energy companies pay for “green” electricity.
British households will have to cover the cost of the subsidies through their energy bills over the next 20 years.
The Government said the main point of the new Energy Bill is to make electricity “secure, affordable and low-carbon”.
It will hand millions of pounds per year to energy companies in a subsidy called “capacity payments” simply for keeping their power stations open to back up wind farms.
Another subsidy called “contracts for difference” will artificially raise the price of electricity to make it worthwhile for companies to build nuclear power stations.
A third measure, known as the “emissions performance standard” will ban companies from building the most polluting coal stations.