A thought on electric prices

macafee2 · 2nd April 2022, 08:19

The money companies pay to people with solar panels for the electric they feed into the grid has not increased. The cost of producing electricity via wind farms/turbines has not increased, yet the electric companies are selling this electric at the increased costs.
I appreciate this electric may be minimal in way of contribution to the grid but never the less am I right in thinking they are now making even greater profit on this electric?

macafee2

Borg Warner · 2nd April 2022, 08:50

https://gridwatch.co.uk/

https://www.gridwatch.templar.co.uk/

wraymond · 2nd April 2022, 10:11

Yes, you are right. While retail prices continually grow in only one direction it is noticeable that profits and dividends do too, but in the other direction. When you look at directors' historical remuneration, or should that be hysterical, there can only be one conclusion. Namely, it's a load of cobblers. Well, for many of us the pips reached max squeak some time ago. There is a gross imbalance going on and no-one to apply the brakes.

3disco · 2nd April 2022, 20:19

Quote:

Originally Posted by macafee2

The money companies pay to people with solar panels for the electric they feed into the grid has not increased. The cost of producing electricity via wind farms/turbines has not increased, yet the electric companies are selling this electric at the increased costs.
I appreciate this electric may be minimal in way of contribution to the grid but never the less am I right in thinking they are now making even greater profit on this electric?

macafee2

That’s why it’s important to use as much as you can of the energy you produce!

macafee2 · 2nd April 2022, 20:31

Quote:

Originally Posted by 3disco

That’s why it’s important to use as much as you can of the energy you produce!

I have been thinking about having batteries installed to take the solar electric we are not using.

macafee2

edwardmk · 3rd April 2022, 10:28

Quote:

Originally Posted by macafee2

I have been thinking about having batteries installed to take the solar electric we are not using.

macafee2

Tesla Powerwall or similar?

macafee2 · 3rd April 2022, 12:29

Quote:

Originally Posted by edwardmk

Tesla Powerwall or similar?

Not sure if that is a joke so cant answer excpet to say, no idea.

macafee2

2nd April 2022, 08:19	#1
macafee2 This is my second home Rover 75 Saloon & Tourer Join Date: Sep 2012 Location: Lincoln Posts: 14,912 Thanks: 1,630 Thanked 3,032 Times in 2,181 Posts	A thought on electric prices The money companies pay to people with solar panels for the electric they feed into the grid has not increased. The cost of producing electricity via wind farms/turbines has not increased, yet the electric companies are selling this electric at the increased costs. I appreciate this electric may be minimal in way of contribution to the grid but never the less am I right in thinking they are now making even greater profit on this electric? macafee2 Last edited by macafee2; 2nd April 2022 at 08:58..

2nd April 2022, 10:11	#3
wraymond This is my second home 75 Auto 2.5 SE Join Date: Feb 2010 Location: Westcliff on Sea Posts: 5,185 Thanks: 423 Thanked 1,680 Times in 1,014 Posts	Yes, you are right. While retail prices continually grow in only one direction it is noticeable that profits and dividends do too, but in the other direction. When you look at directors' historical remuneration, or should that be hysterical, there can only be one conclusion. Namely, it's a load of cobblers. Well, for many of us the pips reached max squeak some time ago. There is a gross imbalance going on and no-one to apply the brakes. __________________ member no. 235 Last edited by wraymond; 2nd April 2022 at 12:09..

2nd April 2022, 08:50	#2
Borg Warner I really should get out more....... None Join Date: Feb 2010 Location: Suffolk Posts: 2,579 Thanks: 494 Thanked 657 Times in 402 Posts	https://gridwatch.co.uk/ https://www.gridwatch.templar.co.uk/