Energy bills 'could double in 10 years' - 10/05/2011
Energy comparison is a good option for Britons feeling the squeeze when it comes to their energy bills.
But with one industry expert suggesting costs could double over the next decade, consumers may be more inclined than ever to switch energy providers.
Professor Brian Morgan of the School of Management at Uwic Cardiff has claimed that the cost of dealing with climate change is likely to be added to energy tariffs.
The director of the university's Creative Leadership and Enterprise Centre told the Western Mail that this could result in a 100 per cent increase in energy bills over the next ten years.
He told the local newspaper that higher prices "are not short-term supply side shocks".
"These are related to long-term issues to do with moving to more costly to produce energy, to do with efforts to tackle climate change," the professor explained.
"I would say over the next ten years or so there's going to be a massive increase in energy prices. People should be factoring that in."
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