Is Net Zero REALLY Making Your Bills Higher
Keywords: energy, bill, electricity, costs, price, gas, cfds, expensive, actually, break
Description
Why is electricity in the UK so expensive, and where does your energy bill actually go? In this video I break down the real costs behind your electricity bill using the latest Ofgem price cap data, from wholesale energy and network upgrades to policy levies, VAT and supplier costs. We’ll also look at renewables, gas, interconnectors, CfDs, why gas still sets the electricity price, and whether “Net Zero” is really the reason your bill is so high.
Check out Ben James' website if you want to learn more in an easier format. https://www.electricitybills.uk/
Chapters:
0:00 Intro
1:00 UK Energy Price
2:34 Energy Mix
5:36 Energy Costs by Generation Type
13:20 CfDs
14:05 Energy Markets
16:29 Merit Order and Marginal Cost
18:04 Bill Breakdown
23:00 Cat-Takes
Director's commentary
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