UK energy regulator raises price cap by 6.4% from April
(Reuters) - British energy regulator Ofgem on Tuesday raised its price cap by 6.4% on household energy bills from April to an annual level of 1,849 pounds ($2,334.7), as cold weather and low European gas storage levels keep wholesale prices high.
Hardly worth pointing out the political lies and incompetence behind this story is it? Oh well, no doubt this price increase represents the wholly predictable failure of the green power dividend Labour promised and the useless technology Ed Miliband still confidently promotes.
It's the key political question here - stupidity or malice? As it's Ed, I'll go for both, the diverse answer.
July 07, 2024 1:21 pm (Updated 3:31 pm)
Labour has pledged to cut energy bills by £300 per household from 2030 by investing in more clean renewable energy.
During the election campaign, the party promised to kickstart clean energy projects within months if elected to “turn the page” on the cost-of-living crisis and to make the UK more energy secure.
July 07, 2024 1:21 pm (Updated 3:31 pm)
Labour has pledged to cut energy bills by £300 per household from 2030 by investing in more clean renewable energy.
During the election campaign, the party promised to kickstart clean energy projects within months if elected to “turn the page” on the cost-of-living crisis and to make the UK more energy secure.
1 comment:
It's ironic that UK riots only really get going in the warm summer weather, whereas we are most inclined to notice energy poverty in the winter. Likewise, the people who are most likely to suffer from the cold are pensioners, who are less able to riot.
So far, those two facts have conspired to keep Milliamp in his job. But it's wearing a bit thin now.
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