Soaring wholesale gas prices are behind 96% of the increase in UK household bills between last summer and next Spring’ says Simon Evans from Carbon Brief. So, basically, Green levies are not to blame. He says they ‘will fall below 3% of bills’. Indeed, given the way the Contracts for Difference (CfD) system is constructed, with the cost of wind and solar generation now at an all-time low, well under the gas-defined market price, consumers should actually benefit. … read more »
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