Energy news in general

michaels

https://forums.moneysavingexpert.com/discussion/comment/82187995#Comment_82187995

What is a subsidy contract?

michaels

https://forums.moneysavingexpert.com/discussion/comment/82188032#Comment_82188032

We all know that the govt will lock in long term fixed contracts with legacy suppliers at peak, locking in prices that soon turn out to be much too high, in order to lower bills by a few pence in the short term.

Scot_39

Except their has in fact been no net saving in the short term by the time the energy reaches our meters.

As DESNZ has had to admit repeatedly to select committee scrutiny, in recent months despite the false promises.

Even more so when include things like the hidden to many - no longer - costs like £122RO as of April being made very very public. That cost reveal I suspect didnt go down too well in the green camp.

Its still there as a cost of course - now split £92 tax, £30 bills, FIT solar adds £18 at rdduced SR cap, £25 atvMR cap, nRAB nuclear £12 SR ? (arguably only tolerated as carbon free at time of use by a Lab party left traditionally opposed to it) etc etc

And yes that includes Ukraine peak cap pricing too.