Renewable Energy

alfin · 24 February 2022 at 4:29PM

Anyone know why my electricity bill is increasing, despite it being 100% renewable? It shouldn’t be affected by the gas price increase.

Phlik · 24 February 2022 at 4:31PM

Electricity prices are set by the market rate, how it was generated is irrelevant. There's still lots of gas powered stations in use so it does affect electricity prices.

PRAISETHESUN · 24 February 2022 at 5:00PM

https://forums.moneysavingexpert.com/discussion/6337662/new-member-read-this-first-please

Flight3287462 · 24 February 2022 at 5:02PM

Because you are not 100% renewable, that is just a marketing gimmick. You get the same mix of electricity as everybody else.

Verdigris · 24 February 2022 at 5:17PM

Flight3287462 said:

Because you are not 100% renewable, that is just a marketing gimmick. You get the same mix of electricity as everybody else.

Although the actual electrons are the same, a lot a the renewableness is achieved by carbon off-setting. The exception is with the "real" green suppliers, like Ecotricity and Good Energy, but they are not subject to the Ofgem cap and are even more expensive than anybody else, at present.