Electyricity costs

TimW formulated on Saturday :

Did you not think that this is not the way to solve it and that it just might be making the problem worse?

It will be interesting to see, when all the 'pump priming' subsidies have run their course and renewable kit starts to need renewing, how many get replaced.

But by then the world may have a different view as to whether 'climate change' is anything other than a natural phenomenon.

There is a big difference between climate change and the rush into so called "green energy" which isn't green at all.

What has renewable energy got to do with climate change? And is natural climate change so bad?

Did you not think that the almsot zero climate change of the last 50 years had nothing to do with human activity at all?

One thing is fer sure. Solar panels and windmills are 90% ineffective at redcucing CO2 emussions but nuclear power is 90% effecetive.

intermnittent renewable energy is an incredibly expensive 'solution' that doesnt work to solve a 'problem' that isn't a problem.

In short it is a typical product of the Left.

Well I have to really stay with edf, but I do rather feel that although all the big companies deny it there is a cartel in operation. its strange that the eventual quote based on past usage from most suppliers for me shows that on my current supplier I save a meesly 45 quid. Now I fully understand that they are all in effect buying the same electricity, in my case, but it appears that all companies will give you a bigger discount on Electricity if you buy gas as well but I have no gas.

No I think we are all being shafted here and I see no light at the end of the tunnel until a scandal is unearthed. Where are all the investigative journalists?

Having said about the discount the total estimated is nearly 100 quid more than this last year in any case, no doubt to pay for smart meters and fixing all the badly maintained infrastructure. After all they may have devolved the companies into various silly named companies running the grid, but they obviously charge the supplier for their work and we have no sight of this amount and it can make one wonder if these companies have the suppliers over a barrel. Brian

Nott too sure about this to be honest. if you are digging yourself a hole why keep on digging it? I'm not saying we are going about countering it the right way, but it is a very hard thing to call when the issue is world wide not just ours.

Brian

I'd say it a feature of the right wing - shown by those who led the brexit campaign. No point in any form of planning. Don't used any form of science to predict an outcome. A gut feeling is so much better.

The laugh is there's probably far more money to be made out of designing, making and selling renewables than nuclear power stations. But then the right wing doesn't believe in manufacturing etc anything.

Really? ;-) As with the railways and banks, the taxpayer will end up bailing them out as ever.

Brexiteers can't plan anything as they don't trust any experts so they have duff info on everything.

We certainly don't believe any of the financial "experts" and their predictions of disaster after the vote. All of which turned out to be roughly the inverse of what has actually happened. Including Carney's £900.

But nuclear is going to cost 9.2p/Kwh. That's way more than current spot price.

Soon be time to buy a 2nd hand Nissan Leaf battery, 4Kw solar, vert axis windmill in garden, inverter and go off grid. Or at worst charge the battery on economy 7.

That's more about the deal the government has done.

Far more sensible for the government to borrow the money (which they can get at a very low rate and allow the profits from nuclear power to pay the loan off, with no element of further profit, but EU finance/competition rules prevented that - there were even concerns that the government guaranteeing the companies' loans could be called in and possibly stopped.

Instead we have foreign companies borrowing money at a higher rate and adding profit on top of their loan repayments, thus needing a high strike price. And the profits are exported from the UK economy as well!

SteveW

On past performance, there won't be any profits.

We've actually left the EU, have we?

You'r lucky to get any saving, I'm normally in the " find the smallest bill increase" camp. Oh and even that "saving" might not be real. Many of the quotes assume that when your current contract ends you get shifted to that suppliers "standard variable tarrif" and you stay on that for the period of the quote.

Annoys me as well, also sans gas.

The grid is run by National Grid, the old regional electricty companies, many rebranded handle the distribution from below 125 kV in their region. Also known as Distribution Netork Operator (DNO).

I think it's a regultory requirement for the supply companies to provide a breakdown of where the money goes. Some one posted such a breakdown in here fairly recently and the percentage paid to the DNO's was included.