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The average electricity bill is expected to increase by 15 per cent according to media reports.
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Energy price data included State average diesel price, State average electricity price, and world crude oil price.
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By itself, that would be enough to supply Spain's average electricity requirements for 21.4 days.
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A leading New Zealand researcher believes solar energy will be the preferred choice of the average electricity consumer by the middle of the century.
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However, average electricity prices received by Meridian for the 12 months ending in June were 13.3 percent higher, reflecting dry weather earlier.
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An average electricity price rise of 5-6 per cent will be announced officially on September 5th by the Commission for Energy Regulation (CER).
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Average electricity bills are estimated to be £556 by 2020, including the £26 if the Fits were not cut, according to Decc.