@fazalmajid@social.vivaldi.net
Post #2648446
2026-03-27 22:53 UTC
@peterbrown@mastodon.scot Unfortunately electricity is priced at the highest cost provider, which is natural gas, and thus subject to the same price spikes. To add insult to injury, gas is not taxed as heavily as electricity in the UK.
Replies (1)
-
@peterbrown@mastodon.scot 2026-03-27 23:12
@fazalmajid@social.vivaldi.net the price of electricity is currently held under a price cap, and yes if that is lifted prices will rise considerably. However, I think politically they could find it quite difficult, and as you say it is ludicrous to price electricity according to the price of gas. They even charged a renewables supplement on electricity, but I believe that is being removed. Edit: the offer is for oil boilers - the price of heating oil is not under any cap and is rising exponentially.