This seems old news, the price cap was announced 3 weeks ago.
As to electricity cost, everytime I read that I dont understand this ;
Quote:
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the marginal cost of the last generating unit to be turned off to meet demand
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Surely you turn something
on to meet demand, not off.
---------- Post added at 23:40 ---------- Previous post was at 23:38 ----------
Quote:
Originally Posted by downquark1
Octopus energy are campaigning to change regulation to allow regional pricing. This would mean places with lots of wind energy like Scotland would be able to use it to the fullest and get very cheap power.
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Great for Scotland eh, not so much the rest of us.
