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Romania: Wind farms incentives will increase power bills  

Credit:  Balkans Business News Correspondent, www.balkans.com 8 September 2011 ~~

Electricity price could rise with 10% next year, as more aeolian parks will be supported through the green certificate scheme, says Zoltan Nagy, energy efficiency chief within the National Energy Regulatory Agency ANRE.

The scheme will be applied between 2011 and 2021. The highest impact for consumers will be felt in 2016-2017, when they could pay up to 30% higher bills. ANRE estimates electricity consumers will pay a total additional amount of €10bn by 2020 to support investments in renewable energy.

Source:  Balkans Business News Correspondent, www.balkans.com 8 September 2011

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