It's the greens, stupid
Jan 13, 2016
Bishop Hill in Energy: costs

With the cold weather finally upon us, albeit in rather halfhearted fashion, ComparetheMarket.com has put out a press release reporting that old folk are going to be switching off the heating rather than switching it up. This has been widely reported

More than 60 per cent of elderly people will ration their heating this winter amid fears over high energy bills, according to a new survey.

As many as two in five (42 per cent) said they would also consider cutting back on food in order to meet the cost of heating their homes, comparison website comparethemarket.com said.

Hat tip then to Fenbeagle for pointing me to this report by the Competitions and Markets Authority, which found that much of the blame can be laid at the feet of environmentalists and their friends in high places:

...for electricity, the main drivers of 7 domestic price increases from 2009 to 2013 were the costs of social and environmental obligations and network costs...For gas, there has been a broadly even percentage increase in wholesale costs, network costs, obligation costs and indirect costs...

 

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