Gagaryn Not clear what you mean? Cost of production is lower for renewables but due to how the market operates it is sold at the same price as all electricity. Hope that is clearer.
I don’t necessarily disagree, although I am sure the establishment will continue to find a way to never lower the price to what it should be. The true lifetime cost of renewables is also a little opaque at the moment.. The whole CFD scheme for renewables is difficult to understand and almost impossible to get information on which companies have actually taken up their contract for difference. I believe most/all have delayed (because they are making massive profits). The establishment is manfully attempting to get changes introduced to the scheme, which probable means either an extension, a contract variation in the electricity companies favour, or something else. While (you guessed it), the consumer has been financing the scheme and build costs, whilst these businesses have reaped huge profits.
Everything that we have to have keeps going up in price, look at the huge profits and payouts in:
- Water companies, now some are going bankrupt
- banks (bailout)
- Electricity companies making money then going bankrupt
I could go on and on, in the end, we the consumer, the little people pay the cost. They suck the money away and then we end up having to pay.