North Yorkshire's Electricity Bill is set to increase five-fold in a two year period.
The County Council say the increase is one of the reasons behind it's proposal to increase council tax by 4.99% from April.
And, the Council’s Corporate Director - Gary Fielding - says it's not the the only cost that's increasing.
Mr Fielding told a meeting of the council's executive that the authority was facing £53m of extra pressures due to pay and inflation next year and said that energy costs were set to increase by five times over the space of two years.
Gary Fielding says even in areas where the council has been awarded more government funding the rising costs are still outstripping the income.
Mr Fielding said use of the council’s reserves would give it the opportunity to “buy time” for the authority to work out a savings plan over the coming year.
He told the meeting the authority would “need to use the next 12 months well” to avoid the risk of stringent spending restrictions being imposed on the council.
Councillor Gareth Dadd, the council’s finance executive member, said the council would look to push towards finding £70m of savings over the next year, including by “going hard” on property rationalisation once the district councils were merged with the county council.
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