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FT article - budget levy/eco cut won't stop rising electricity costs

Scot_39
Scot_39 Posts: 3,981 Forumite
Ninth Anniversary 1,000 Posts Name Dropper
edited Today at 1:58AM in Energy
Network costs predicted to continue to drive electricity bills up over the medium term, despite next Apr changes.

https://www.ft.com/content/4a161630-a32b-4427-bd66-b6cabb3c6744

Yet more evidence as desnz officials have already admitted to the PAC - network costs are wiping out any notional wholesale rate savings.

With an even higher £80bn network costs apparently awaiting Ofgem approval.  In 2024 the 3 TNO range was reportedly £55 bn min (est before 95% by 2030 target)
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