Why Are Energy Rates So High?
We are certainly living through some interesting times at the moment. With inflation and interest rates on the rise not to forget petrol and food, the last thing we need is high electricity rates. While the wholesale cost of electricity went up by 141% in early 2022, the government predicts an increase of another 50% next year. It has to leave you scratching your head and wondering why? Not only do we want to know why we’re being burdened with high electricity rates, but how we can reduce our bills to stay above it all?
