Ignore whining energy companies, Ofgem is right to cap their returns

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They’re characterising it as a missed opportunity to hasten the move to net zero. It’s not. They’re being treated very generously, says James Moore

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Energy watchdog unveils £25bn green investment and plan to cut household billsOfgem to upgrade infrastructure and cut consumer bills by £20 a year That’s strange, because all those green wankers have ever done is put money on bills.. It costs £25billion and £20 will be given to each of the 22million households in the uk ie £44 million. So what’s happening to the remaining £24.999 billion and why couldn’t each household receive £100 or £1,000, or better yet a heat pump to replace their gas boiler? The investment is good, though the saving of £1.67/month on bills isn't a newsworthy element, even for a penny pincher like me...
Fuente: The Guardian - 🏆 84. / 53 Leer más »