David Vance SubstackRead More
Well, the was quite the moment! Rachel Fletcher, regulation director at Octopus Energy – the poster child of “green” innovation – just confessed the unthinkable. Have a listen to this remarkable exchange!
“If we continue on the path that we’re on right now,” she says, “in all likelihood electricity prices for a typical customer are going to be 20% higher in four or five years’ time than they are now. And that’s even if wholesale prices halve.”
Fletcher’s words shatter the fairy tale Labour’s been peddling since the election. Remember Red Ed Miliband’s solemn vow? Slash household bills by £300 a year through “clean energy.” Not happening!
Here’s why!
