Why are UK electricity bills so expensive?
31–40 of 353 posts
Re: Why are UK electricity bills so expensive?
#32I find it so weird that UK citizens have often just sort of passively chosen to be poor. Like they still had food rationing for years after WW2. Is there some sort of cultural blind spot which prevents them from understanding that there are better ways to do things?
Re: Why are UK electricity bills so expensive?
#33I find it so weird that UK citizens have often just sort of passively chosen to be poor. Like they still had food rationing for years after WW2. Is there some sort of cultural blind spot which prevents them from understanding that there are better ways to do things?
Re: Why are UK electricity bills so expensive?
#34Third option not discussed: have the military leverage its existing nuclear reactor competency to build a fleet of nationalized nuclear power generation stations. I'm not saying that they should tile the island with submarine-scale reactors, I'm saying that their supply chain for building those knows how to build nuclear power stations. The only thing which makes this prospect expensive, is the lack of political will…
A big difference though is that UK (and US) submarine reactors use enriched uranium, SMRs won't.
Re: Why are UK electricity bills so expensive?
#35Re: Why are UK electricity bills so expensive?
#36Commercial energy broker here - the only 2 'real' costs in your price are the wholesale and supplier costs. Choose suppliers that offer a fully-fixed electricity contract, so that made up variable costs such as distribution, network, etc are all factored into the unit rate that the supplier charges you for your contract. Avoid smart meters at all costs. Renewable / green contracts are always a lot more expensive than…
I don't mind smart meters; it's nice getting the metrics and data from them.
I do avoid variable rate billing though.
Re: Why are UK electricity bills so expensive?
#37Yeah the "network costs" bit should probably have a caveat about how they are a natural monopoly and are absolutely rinsing the UK for profits. https://www.theguardian.com/business/2022/nov/20/unite-union... "Supplier costs and margins" probably should take a fair bit of the blame too. When Thatcher privatised the UK energy industry to make it "competitive", they basically created an entire complex web of middlemen.…
https://www.theguardian.com/business/2023/jan/29/gas-fired-p...
https://www.theguardian.com/business/2023/aug/31/uk-electric...
https://www.current-news.co.uk/ofgem-fines-intergen-37m-for-...
Also, electricity isn't any less of a monopoly. You can choose your supplier, but they do no more than administer your metering and billing (including the government insisting they install smart meters). Your house is still connected to the same domestic grid as everybody else, and it's National Grid plc that is selecting who's generating and when, and getting paid for it.
Re: Why are UK electricity bills so expensive?
#38Commercial energy broker here - the only 2 'real' costs in your price are the wholesale and supplier costs. Choose suppliers that offer a fully-fixed electricity contract, so that made up variable costs such as distribution, network, etc are all factored into the unit rate that the supplier charges you for your contract. Avoid smart meters at all costs. Renewable / green contracts are always a lot more expensive than…
Re: Why are UK electricity bills so expensive?
#39Earlier quoted context omitted.
I think that's a bit of color on that, since those homes weren't worth $0 until PG&E caused a fire that burnt them down by neglecting required maintenance.
Did PG&E cause the fire? They are legally obligated to serve those customers. It would be safer if they simply didn’t do that no? Wait till you read the facts behind this $41m bailout for 20 homes in one of the richest burbs of LA: https://www.latimes.com/california/story/2024-10-29/feds-to-... You could argue that nobody should be living in a place guaranteed to be destroyed, whether by landslides or wildfires, but…
Yes. As I recall it, the fire was caused by downed lines that were energized during a dry spell, and the reason the lines were downed was due to negligence around maintaining the C-Hooks holding their high voltage transmission lines. PG&E knew that they needed to be replaced every so often, had a policy that dictated when they needed to be replaced, and then ignored that policy which ultimately allowed a C-Hook to fail and the energized line to start the fire. In fact, PG&E had commissioned a study as far back as 1987 to look into this issue and confirmed that these hooks had a limited lifespan.
They had clear knowledge of the issue. They had a responsibility to maintain the system to prevent the issue. They set policies around how that maintenance should be conducted. Then they willfully ignored their own policies, which lead to the issue they were responsible to prevent. That's textbook negligence.
So, yes, PG&E /did/ cause the fire. They were negligent in doing so. They are liable for the damages.
Re: Why are UK electricity bills so expensive?
#40I find it so weird that UK citizens have often just sort of passively chosen to be poor. Like they still had food rationing for years after WW2. Is there some sort of cultural blind spot which prevents them from understanding that there are better ways to do things?
This is rich, given you seem to be American.