Originally Posted by
Christian
So this massive price hike is apparently purely because wholesale energy costs to the suppliers have gone up by 50% because of 'post lockdown' surges across the world. I don't really understand this...ok, so compared with the lockdown period itself, demand might rise but I doubt demand has exploded above pre-lockdown levels? Is this just energy suppliers making up for lost revenue during lockdown?
I suspect this is just one knock-on example of where it's not all rosy sitting at home, getting free printed money. Whilst you are at home, you are using more energy and then when lockdown finishes, they want more to make up for the lack of business/manufacturing energy use.