Our energy market is anti-competitive | Letters

Pricing policies for renewables can discourage people from using climate-friendly energy sources, argues Esther Hack Over the last 37 years our home has been supplied entirely by electricity because fossil fuels contribute to the climate crisis (‘Insult to millions’: Shell and Centrica profits cause outrage as energy bills soar, 28 July). For years we have had totally renewable energy, significantly more expensive than fossil fuels. Our annual bill in December last year was £3,505. We have taken this on the chin as part of our responsibility to save the planet for future generations. On 8 July they wrote to raise our annual bill to £7,373. When I protested that this did not reflect the production costs, my supplier, Good Energy, said: “The rate at which we pay our generators is influenced by the wholesale energy market. We have to raise the rates on our tariffs to reflect the higher wholesale cost of electricity and gas and make sure we’re paying our generators a fair price.” Continue reading...
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