Quote:
Originally Posted by ianch99
Here's a more up-to-date analysis:
https://www.euronews.com/next/2023/0...-electricity-a
The UK is 3rd highest for residential electricity prices including taxes (February 2023) at 48.5 compared to EU average of 28.3. There is also a PPS adjusted value: 41.5 v. 30.8
The main thing is that wholesale price has long since dropped to the start of the Ukraine war levels but the current price we pay has just gone up. We're being ripped off.
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No one in the UK has had to pay that figure due to government subsidies are they factored into the other prices or are they showing what they actually pay ?
France for example put a price rise cap of 15% so their prices are subsidised. What I think we are seeing is a biased graph that is showing our unsubsidised rate against some others subsidised
The new graph is not even right either . Feb 2023 UK unsubsidised prices were in excess of 60p and we paid 32 to 33p December it was around 40 to 45p. The graphs you are posting I am sorry to say are bollocks
You clearly have no idea on how the energy prices are calculated. They are calculated wrong due to the link between electricity and gas and green electric is not factored in yet. The prices for energy now are paying for energy bought in the past not the present. Cornwall insights has the estimated cap down to 2K from just fluctuating a little from October