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The Covid Bill ?


Observer II
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As if that wasn't enough -  there's soon to be the removal of the cap on energy prices, which should see a big rise in electricity bills.   Add to this a compulsory switch to EV'S, which still require power stations,  and for most folk the future looks bleak indeed;  seems the eco-lobby are going to take us all back to year zero.    😠

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2 hours ago, Observer II said:

As if that wasn't enough -  there's soon to be the removal of the cap on energy prices, which should see a big rise in electricity bills.   Add to this a compulsory switch to EV'S, which still require power stations,  and for most folk the future looks bleak indeed;  seems the eco-lobby are going to take us all back to year zero.    😠

The cap is not being removed at all. It is being recalculated based on current wholesale prices, if they fall so will the capped price at a future date. The main increase is in the wholesale price of natural gas. Remember too that it only affects those on variable rate tariffs but that include pre-payment customers. Electricity prices are rising most because of the eco-warriors demand for connectivity for ever growing number of wind turbines and solar panels, for which the existing grid design remains mostly inadequate.

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