@JeremyVineOn5 | 155,836 followers
🔌“43% of our electricity comes from renewable sources, so why isn’t it 43% cheaper!”

Caller William questions the logic behind electricity price hikes, and whether the BoE's interest rate rise is the right call.

@thejeremyvine | @jasminedotiwala | @martinoffiah | #JeremyVine

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In reply to @JeremyVineOn5
Because the price of renewables is tied to the price of gas so rising gas prices impact renewable prices. Renewable energy is no cheaper. No matter what the source of energy is if there is more demand than supply then the price goes up
 
In reply to @JeremyVineOn5
Same thing will happen with fracking. It won't give us cheap gas, it will be subject to world gas prices ie market forces.
 
In reply to @JeremyVineOn5
It’s all a joke there manipulating prices electricity is getting cheaper to produce by the day and it’s been like that for years! fracking will make no difference just corse earthquakes As for other countries hiking up gas prices why are they allowing them to profit off war ?
 
We got air, earth, fire and water. No one's using it to make in our country.
 

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