Spring is here, or just around the corner. It’s always possible to feel cheered on the spring equinox when the first increased energy bill announcements arrive in a flurry of profuse and sincere apologia. I’ve been buying my energy from small renewable energy companies for 15 years, but as they get bigger so it seems do their price rises. This is happening at the same time as the market share for renewable energy has risen dramatically and consequently according to the law of supply and demand costs should have come down. But it doesn’t follow in the UK market. The renewable energy companies blame the wholesale market, and this is out of their control. It’s Ofgem’s job to see that things are fair, but who has any confidence in that outfit? I think the phrase ‘not fit for purpose’ comes to mind. There is something fundamentally wrong when the regulator treats renewable energy in precisely the same way as fossil fuels. Haven’t they heard of climate change? Anyway, I’ve decided to join the growing army of switchers, and will be looking for a supplier who is a bit more competitive. It shouldn’t be too difficult since my current supplier wants to put up my Economy 7 tariff by 26.5%
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