2 November

Wholesale electricty prices have tumbled in the past year, due to the renewables rollout. The cost of electricty from coal and gas has exploded in the other direction. You won’t see these reductions fully in your actual retail cost yet though, because wholesale electricty is only 35% of that cost. The other 65% is a series of parasitic add-ons generated by our idiot privatisation of electricty late in the 20th century.