While I agree that energy-intensive business should always be pushed onto flexible-pricinv contracts, as a private consumer, uniform pricing is an advantage imo. You don’t need to think about whether running the washing machine will cost you 0.2¤ or 0.6¤ or whether there’s a price surge, and it’s even more expensive.
Fixed pricing happens in Europe too. The retailer prices the volatility into a fixed pricing plan. It still ends up much cheaper than how the UK has structured their grid, which ensures electricity companies are making massive piles of money.
Fixed pricing happens in Europe too. The retailer prices the volatility into a fixed pricing plan. It still ends up much cheaper than how the UK has structured their grid, which ensures electricity companies are making massive piles of money.
Thanks! I noticed I don’t know how it works in the UK. Is there a good article explaining it?