Sunday, 10 July 2011

How Do You Make Windfarm Energy Look Cheap?

easy, put up the price of gas and electricity, for as far back as I can remember I have always been against windfarms and other so called 'alternative' energy sources, not because they do not work, well some do not, just that the cost of the energy they produce by them is hugely more expensive than energy produced by nuclear or coal/gas/oil, I have always maintained that to sell the 'alternative' energy prices would have to rise to make it seem like a good deal, well as I have mentioned before Scottish Power announced in June that it was hiking its cost of gas by 19 per cent this August, well of course that was the thin end of the wedge, British Gas triggered fury last night with inflation-busting increases in bills that will add almost £200 a year to the cost of heat and light, gas is going up 18 per cent and electricity by 16 per cent next month, taking the average annual dual-fuel bill to a record £1,288,

you may of course, if you are charitable put this increase down to inflation, but think on this, the current wholesale gas price is 29 per cent less than in the summer of 2008, the price British Gas is charging its customers is up by 44 per cent, on electricity, the wholesale price is down by 37 per cent over the past three years, but the British Gas bill is up by 21 per cent, says who? the official customer body Consumer Focus, it is the statutory consumer champion for England, Wales, Scotland and (for postal consumers) Northern Ireland, formed by the The Consumers, Estate Agents and Redress (CEAR) Act 2007, the chief executive of Consumer Focus, Mike O’Connor, said: 'this price rise will send a shock wave across the country', earlier this year, Ofgem accused energy firms of being greedy and lazy, it complained that customers are bamboozled by more than 300 complex tariffs, Ofgem is sending in a team of independent accountants to look at the books of the major suppliers to discover the truth about prices and profits,

there are also suspicions the ‘big six’ firms – British Gas, Scottish & Southern Energy (SSE), nPower, E.on, Scottish Power and EDF – are failing to compete on price and service, so are the price increases profiteering or as I suspect to steadily raise the price of power to make the massively expensive windfarm produced power look cheap? you decide.

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