eli5 – Why does renewable-generated electricity go up with the cost of non-renewable?

Question

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)?

In: 314

Answer 1

Because they can. I know I’m supposed to give a longer answer in this sub, so I’m writing words. But it’s because they can. They want to make money. There’s nothing deeper behind it.