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Financial incentives will attract people to renewable energy - 31/05/2011

Householders looking to switch energy tariffs will only be interested in renewable energy projects when there is a financial incentive.

This is the view of William Worthington, managing director of a green energy advice website, who said: "The more people that sign up to renewable energy, the cheaper it will get to generate renewable electricity.

"The more people that use their bills to vote for what they believe in, and they pay it to a company that's truly investing almost all of the money into building new windmills, the cheaper it'll be," he pointed out.

Mr Worthington noted that the government is "doing [its] bit" by backing the feed-in tariff scheme, adding that ministers need to continue offering such subsidies so the financial incentive remains for consumers.

His comments come after Ernst & Young's Renewable Energy Country Attractiveness Index put the UK sixth because of the green policies the government has offered.

Switching to a green energy tariff can slash your CO2 footprint by two tonnes and also save you £100s a year! Click here to compare green energy tariffs.

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