Renewables

A better explanation of our recent price rise

You may remember a post I wrote entitled “Why green electricity prices go up when brown prices do” in which I first attempted to explain this seemingly counter-intuitive situation.

I also recently wrote to all of our customers explaining that we needed to follow the recent price rises (of the Big Six) and why. In it I tried to provide a simple explanation of why green electricity prices go up when brown electricity prices do. I received a number of e-mails and letters from customers who had further questions about that and related issues.

I’ve spent the last few nights considering how best to approach this and writing what follows below – it’s a more detailed explanation of why our prices need to follow the market (for now). I hope in the process to better explain the way the electricity market works, how this affects what we do and at the same time cover the majority of questions asked.

Here we go… Continue reading “Why green electricity prices go up when brown prices do - Part 2″