There was a bit of scaremongering today from a price-comparison site about the future of electricity prices.
UK Energy Minister Chris Huhne announced that the price of low-carbon energy would be guaranteed, and this bizarrely prompted uSwitch to declare that the average household would pay £500 more per year for their power.
If energy generation from renewables is to grow, it does, of course, need a bit of a kick start to bring prices into the realms of the profitable for the companies concerned. As the price of oil increases (it's creeping back towards $100 a barrel at the moment) then renewable energy is more and more affordable.
But you don't hear uSwitch expressing shock and horror that the future price of oil might add £500 to a household's bill.
Last week, I got a letter from Scottish Power informing me that they were putting up the cost of electricity by 8.9%, and gas by 2%.
I doubt they'd get away with sending a future letter saying they'd have to increase the price of electricity because the cost of the wind blowing has increased.
But then, a steady electricity price isn't in uSwitch's interests, is it?
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