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Tory Leader’s Father-in-Law Rakes in £3.5m from Taxpayer to Fund Wind Turbines
David Cameron’s father-in-law is among rich landowners cashing in on Labour’s green subsidies, with a wind farm generating an estimated £3.5million a year on his country estate.
Sir Reginald Sheffield, 63, who is worth at least £20million, splits the profits with the project’s developers.
Around half of the income comes from a government scheme to make power companies use more renewable energy, much of it bought from private generators. It is subsidised by every household, via their electricity bills.
Sir Reginald’s eight 400ft turbines were switched on last August at Bagmoor, part of the 3,000-acre Normanby Hall estate near Scunthorpe that has been in his family since the 16th century.
He plans a second development at nearby Flixborough Grange, despite fierce opposition from locals.
The renewable energy scheme is adding an estimated £13.59 a year to the average household power bill.
CRN comment: I bet that the 8 wind turbines aren’t generating anything like £3.5 million worth of electricity. So, we’re all paying an average of around £14 per year to support inefficient wind power.
Read more in the Daily Mail: How SamCam’s super-rich father is coining £3.5m from taxpayer… to fund wind turbines