Why does the UK have the highest Energy costs in the world?
Well it's simple, your bill is about 66% profit.
If you pay 3x what something costs, it's very expensive.
Well it's simple, your bill is about 66% profit.
If you pay 3x what something costs, it's very expensive.
Comments
The profit that energy suppliers make is usually very small — typically around 2% to 5% of your bill. The majority of what you pay goes toward:
• Buying the energy itself (wholesale cost),
The whole reply is on ChatGPT
The wholesale pricing needs reform. Set off against the most expensive form of generation is a piss take.
The energy generators are taking it in. Network / transmission costs come at a profit via national grid which Maggie privatised.
Some things chatgpt won't explain properly.
https://www.taxresearch.org.uk/Blog/
The great energy rip-off https://www.taxresearch.org.uk/Blog/2025/04/21/the-great-energy-rip-off/
The majority residential energy users don’t have a clue what the retailer gets in profit, I suspect they also believe the lie posted by @bladeofthes.bsky.social.