The economics of hydroelectricity in Bakewell are easily evaluated with the carbon counter, which is widely available in bookshops.
Assuming six houses to be the most likely figure for those to be supplied, the CO2 emission saved, at 1.5 tons annually per house, would be nine tons a year. This is almost exactly the 9.4 tons given as the “carbon footprint” of any individual in the UK.
Supposing we use the Government’s carbon base price of £15 a ton, the proper price for saving one person’s footprint would be £186. Since this is vastly less than the £5,600 already promised for a feasibility study, it seems obvious that the fee should be returned.
An even greater economy would result if the Government were to repeat the 75 per cent cut in feed-in tariffs which already apply to new solar panel arrays deployed in fields. At present the hydroelectricity scheme stands to raise between £4,200 and £6,000 annually for Sustainable Bakewell.
I would prefer it if this sum did not come out of my pocket.
Dr EL Rutherford