Scottish homes would see significantly increased electricity bills if it becomes independent, because the country would bear the cost of renewable energy subsidies and infrastructure, which are now distributed across the United Kingdom, Energy Secretary Edward Davey said in his speech held at an energy conference organised by the Scotsman newspaper in Edinburgh. Following is Mr. Davey’s full speech:

The debate about Scotland’s proposed. separation from the United Kingdom could not be more important; the Scottish people face a truly weighty decision. I welcome this opportunity to set out my view, and the view of the UK government in respect of energy.