
and the Implementation of Dynamic Energy Pricing is a cunt.
Well most of us knew that smart meters were not really meant to save us money, but in actual fact is to be used as a form of dynamic pricing based on a 24 hour demand pricing algorithm.
Essentially OFGEM want to do away with the current energy price cap because it believe millions of customers are moving away from fossil fuels and onto renewables such as EVs, solar panels and heat pumps (They don’t provide actual stats to back this up, but of course it doesn’t matter because they know best, innit!)
They believe the current energy plan is unfair on these “good” customers and hence the introduction of Dynamic Price Cap based on demand. In other words you will pay more during popular hours of the day – usually 6am to 9am and 4pm to 10pm.
The actual rate in terms of pence/kwh, isn’t mentioned but they believe it will be far more than what you’re currently paying under the existing cap. But they do say “off-peak” charges will be far less than the current cap,
This means if you’re housebound, unemployed, retired, or WfH, you could see a massive increase in your energy bills under the new cap, which will be monitored by your smart meter. The energy suppliers will know exactly when you use electric most and charge you a premium for it.
Years ago OFGEM insisted smart meters would help people save money on their bills, but now that millions of accepted meters in their homes, OFGEM have changed tack and more or less said “Fuck you, suckers!”
And those energy suppliers, so keen on pushing these meters on you, and again insisting they will save you money, want this new cap introduced in order to maintain profits. Afterall, we can’t have customers ending up with smaller energy bills despite our bullshit saying meters would do just that. Profits come first!
This idea is still on the drawing board, but it will only be a matter of time before it becomes a reality. All those promises about meters, cheap energy and going with renewables was all one big wet fucking dream!
Nominated by Technocunt.



