this post was submitted on 07 Feb 2025
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Green Energy

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Why are energy bills going up, if there is more green power? - BBC News (www.bbc.co.uk)
submitted 2 weeks ago by sabreW4K3@lazysoci.al to c/energy@slrpnk.net
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[–] jordanlund@lemmy.world 5 points 2 weeks ago* (last edited 2 weeks ago)

Definitely, they're currently at the start of a death spiral... People move to renewable energy, so they raise rates, causing more people to move to renewable energy.

It's not a tenable plan for much longer. Same plan as for cable television.

People cut the cord, which causes rates to go up for existing customers, which causes more people to cut the cord.