Well done wind

[Highway Man]

Thing is why are our electricity prices going up with so much being produced from “free” sources. Makes zero sense

Exactly. Only ones who are benefiting from all of this are the manufacturers and the energy companies.

 

[Murdochcat]

Exactly. Only ones who are benefiting from all of this are the manufacturers and the energy companies.

There is a massive lack of transparency on how the costs are calculated and how our prices are set

 

[JohnD]

Exactly. Only ones who are benefiting from all of this are the manufacturers and the energy companies.

And the public.

The LCCC takes these multi-million-pound repayments and redistributes them directly back to electricity suppliers. Under regulatory rules, these savings are passed onto businesses and households, acting as a buffer or reduction on your electricity bill.

 

[Murdochcat]

And the public.

The LCCC takes these multi-million-pound repayments and redistributes them directly back to electricity suppliers. Under regulatory rules, these savings are passed onto businesses and households, acting as a buffer or reduction on your electricity bill.

So if this is the case why does the UK pay so much more for its electricity than most other comparable developed countries

 

[danfre]

Don't forget the 'green' tax we also have to pay for as we are a filthy polluting country .

Less than 1 per cent of world emissions

 

[noseall]

Makes zero sense

Like your post.

 

[ellal]

So if this is the case why does the UK pay so much more for its electricity than most other comparable developed countries

The UK requires the consumer to pay for modernisation/upkeep of infrastructure which the privatised companies have let become run down due to decades of under investment...

Many of our European cousins prefer to help fund it out of general taxation.

Plus the wholesale price in the UK is set at the highest generation rate, not the cheapest available...

Which means the gas price sets the bar, which is usually higher.

 

[JohnD]

Many of our European cousins prefer to help fund it out of general taxation.

What a shame we don't have a publicly owned generation and distribution energy industry.

Somebody should have thought of that.

 

[JohnD]

Nearly 50% now.

Pretty good.

 

[danfre]

Well done wind.
62 per cent, only costing £210.00 per mega watt

 

[JohnD]

Well done wind.
62 per cent, only costing £210.00 per mega watt

And what do you think the wind farm is being pad?

 

[Murdochcat]

And what do you think the wind farm is being pad?

IIRC that depends if it’s on shore, off shore or floating

 

[danfre]

I know what we are being charged.

 

[JohnD]

IIRC that depends if it’s on shore, off shore or floating

Yes, but it's a question Danfre doesn't want to answer. He wants to give the false impression they are being paid £210.

Will he tell us why he wants to do that?

 

[danfre]

You praise wind power which I agree is great as a cleaner form of energy, it is the price we are paying for it that bothers me, looks at all the businesses and households that are struggling with energy costs.