My UK energy provider says my electricity is produced with 100% renewables, so I presume water, wind, solar. So why am I affected by such big increases in electricity charges (price per kWh)?
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Simple.
Your energy provider isnt an energy producer. They just BUY the energy from producers and sell it to customers like you.
The total supply of energy is under pressure from obvious sources, so those prices rise.
The renewable energy sources thus become more interesting for all potential buyers.
The supply is limited, but demand rises, so the price goes up.
The owners of these green energy producers wind/solar/water/nuclear, power plants are making more money because their costs didnt rise, but their sales prices did.
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