Sizewell C construction costs to add up to £19 to electricity bills, says NAO
The costs of building Sizewell C nuclear power station could cost households up to £19 a year on top of their electricity bills by the time it opens, according to the public spending watchdog.
Sizewell C construction costs to add up to £19 to electricity bills, says NAO. The costs of building Sizewell C nuclear power station could cost households up to £19 a year on top of their electricity bills by the time it opens, according to the public spending watchdog. Last year, the Government struck a deal with investors to push ahead with the power plant’s construction, to the cost of around £38 billion. Construction on the project is expected to be completed by summer 2039 and will power the equivalent of six million UK homes for 60 years. A report from the National Audit Office (NAO) published on Wednesday showed that the cost of Sizewell C is expected to increase electricity prices for the typical household by £4 in 2025-26. It found that this would then rise as high as between £17 and £19 by the time it opens. The NAO also highli...