I thought the reason they were increased is so we could get the same power with reduced supply?
However a fair few power companies are reaching ridiculously high record profits, which goes against the grain of that idea.
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They want to break that record every quarter.
If they don’t continually break profit records their investors get angry. The only way to keep the records breaking is to charge more.
Energy has actually become much cheaper to produce over the years due to tech advances, but why pass those savings onto the customer when they can keep it all.
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