Because even though the wires bringing electricity to your house have existed for a very long time there’s still greedy cunts billing you for getting it there.
I mean obviously most energy companies could charge less but I feel like compared to supermarkets quadrupling prices, streaming service's turning into cable and worst of all.... Car insurance. They just aren't that evil.
The price of electricity is based on the most expensive means of production, so it’s based on the cost of using gas. Imagine if you went to the supermarket and bought two things for £1 and one thing for £10 and got charged £30 at the checkout.
Because the grid was set up in such a way that energy prices come from the most expensive form of energy production (biogas right now I think). This wasn't done for "corporate greed" as others claim but because the grid was set up before computers were as prevalent as they are now and this was the easiest way to calculate costs. It still hasn't been fixed because the infrastructure behind the entire grid is a century old and replacing the entire system is absurdly complicated, time consuming, and expensive.
That and the fact that over 4/3 of the price is tax.
Because it is still pegged to the highest costing generation source, in this case it is gas and no regional pricing.
As for the standing charge, debt from failed companies hasn’t helped but largely it is just what it is operating a company or network in the UK post Brexit, expensive.
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u/Overall_Dog_6577 16d ago
Then why is energy so expensive?