Nuclear Power to Increase Electricity Bills for Australian Households: Think Tank

Typical Australian households could see electricity bills increase by $665 per year on average with nuclear power, IEEFA said.

Utility and rates bills in Melbourne, Monday, June 4, 2012. (AAP Image/Julian Smith) NO ARCHIVING

Pursuing nuclear energy in Australia would translate to higher power bills for households, according to a think tank study.

Institute for Energy Economics and Financial Analysis (IEEFA) data showed that typical Australian households could see electricity bills increase by $665 per year on average if nuclear would be introduced as part of the country’s energy mix, as suggested by the Coalition.