No I lied completely.
http://www.telegraph.co.uk/earth/energy/nuclearpower/8630832/Energy-prices-without-reform-well-all-be-in-the-dark.htmlThe "big 6" have posted record profit increases throughout, whilst simultaneously chronically under-investing in the infrastructure and raising the prices they charge by 3-4 times RPI every year.
The latest price rise was for electricity and was 16-18%. These rises are now impeding the ability of the UK to recovery from recession and leading the latest increases in the RPI figures.
It is classic short-termism.
The UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.
Is this correct? Have you in the UK seen this increase in electricity cost since the introduction of the FIT scheme?
I would have thought that the scheme would disallow the power companies raising prices to compensate, it does seem very unfair... but in another way its also even more incentive to become a part of the scheme.