Prince Charles’ cost to taxpayers falls by half

Britain Northern Ireland Royal Visit

LONDON (AP) — Prince Charles’ funding from British taxpayers fell by almost 50 percent during the last financial year.

The prince’s annual accounts showed Friday that his income from the government and a royal grant was 1.1 million pounds ($1.68 million) in the fiscal year that ended March 31, down from 2.1 million pounds a year earlier.

The decrease is largely due to lower travel costs as countries the prince visited often picked up the bill.

Travel spending fell by 49 percent despite the prince attending 657 official engagements, 154 of them overseas.

Charles receives most of his income from properties and investments on his 136,000-acre (55,000-hectare) Duchy of Cornwall estate. That income rose 4 percent to 19 million pounds, and Charles paid more than 4.4 million pounds in tax.

The accounts also demonstrated Charles’ continual success in reducing his household’s carbon footprint since beginning measuring and reporting its greenhouse gas emissions in 2007.

Total emissions at the prince’s residences fell by 21 percent through a combination of energy-efficiency measures, on-site renewable energy generation and the purchase of “green” electricity and gas.

Highgrove House, the family home of Charles and his wife, Camilla, generates more than 40 percent of its own energy through biomass, heat pumps and solar panels.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s