Our electricity company claims to supply 100% renewable energy - so why the fuck is the bill going up by so much?

[PunsDontKillPeople]

The sun hasn't got more expensive, and neither have the waves or the wind Is it a supply and demand issue or...?

I don't get it

All the electricity is sold into a wholesale market. The marginal generator (gas right now) sets the price. If you can make something more cheaply than your competitor in any market then you will benefit from being more profitable.

Newer renewables (off shore wind and biomass) have their max price capped and have to pay the difference back when wholesale prices exceed the cap so they have been saving consumers money recently

Hello. Popping in to let you know that we're doing a Q&A with fuel poverty charity National Energy Action about these energy price hikes on Wednesday 23rd Feb at 12 noon. The thread is now open for questions here.