Why have the monthly demands for payment gone up so much. We have 100% renewable energy ?? so why have the tariff rates gone up so much, is the universe charging more for renewables. Anybody have an idea, other that energy companies profiteering.
over payment demands
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Best Answer
Community Team11-04-22Best AnswerHey there @notonmywatch 👋
There is a great thread here on our renewable sources: https://community.eonnext.com/thread...ight=renewable
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Level 9111-04-22The wholesale rates for energy tend to follow the price set by the most expensive form of generation which is currently gas. As you suspected this means the payments to wind, solar, nuclear, hydro, biomass etc generators (rather than retail suppliers) are high and they are probably making windfall profits. While some generators are also retail supplier, not all are. When the generators announce their profits there will be renewed calls, justifiably in my view, for windfall taxes .
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