Meter maids.

[Andy Burns]

Just checked again with energylinx (rather than moneysavingclub) and the cheapest fixed dual fuel tariff available now is £66/year more than my fix due to expire end of March.

I can find a fixed gas tariff £26/year cheaper and a variable electricity tariff only £34/year more expensive, but no fixed electricity tariff better than £60/year more expensive.

So if retail gas prices are down, presumably wholesale prices are too? Given how much of our electricity comes from gas what, other than renewables, is pushing electricity prices up?

[Dave Plowman (News)]

I'd guess most energy is priced in dollars. With the pound down against the dollar, any current purchases will cost more. Most large suppliers buy well in advance, so price rises due to that could take some time to filter through.

[Andy Burns]

I'm sure that's true.

Why does that result in falling gas prices (I can see a two year fixed tariff that's cheaper than a year ago) but rising electricity prices (all tariffs more expensive than a year ago)?

[Dave Plowman (News)]

Wish I knew. Prices seem to go up quick enough, but are very slow to come down. Of course electricity in the UK comes from a variety of energy sources, and also has surcharges on what we pay to subsidise some forms of generation?

[grjw]

That's unlikely with what is used to generate electricity in the UK.

With the pound down against

[Huge]

[15 lines snipped]

Go and look up the word "fungible".

[grjw]

Don?t need to, I knew what it meant before you were even born and it isnt the reason for the current hike in electricity prices. That is due to the stupid 'renewable' scam.