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Analysis | What next for Hinkley Point C?


The (lack of) news on the start for Hinckley Point is most disturbing but who is actually to blame? The model for the energy industry has clearly not worked since the CEGB and the local boards were broken up. Competition has been the watchword but has this actually added to costs rather than reduce them? Each time you switch you automatically add £40 to your bill. This is the cost that the switching sites charge the suppliers for advising you to move and this has to be met from bills. This reduces the 'profit' which could otherwise be ploughed back in to new generating capacity. So who should we blame when the lights go out - why Martin Lewis of course.

Posted date

18 March, 2016

Posted time

10:41 am