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youngtafftoday at 8:31 AM1 replyview on HN

That’s because the price is set by the highest marginal producer

Most of the UKs recent renewables are on a fixed price supply basis and when the market prices goes over this the excess is eventually fed back into reducing consumer bills


Replies

gib444today at 12:27 PM

Ah yes the standard "<excuse>...just be patient, any day now it'll get cheaper" response we've been hearing for years

I'm NOT against renewables. I'm NOT pro fossil fuels. I'm against the dishonesty in the discussion. Stop claiming direct reduction in bills if that's not going to happen [0]

[0] https://www.ons.gov.uk/economy/inflationandpriceindices/time...