Not the price of Net Zero - the cost of the Union - Believe in Scotland
Not the price of Net Zero - the cost of the Union - Believe in Scotland
Just a moment...
On the 1st of April, the energy cap on domestic energy bills rose by 6.4%. Right-wing commentators like to argue that the push for Net Zero is putting up energy bills. They have got that wrong - it is the privatisation of energy which is to blame for the fact our energy bills are sky high.
Renewable energy is cheap to produce but the cost of making it does not have anything to do with what Scots pay to heat their homes and cook their food.
Westminster governments, which Scotland didn’t vote for, privatised the energy network in the 1990s. Research carried out for the End Fuel Poverty Coalition shows private energy companies across the UK have pocketed over £420bn in profits.
The companies that were handed control of Scotland’s energy networks oversee a natural monopoly industry. They’ve reported higher profit margins than any other sector of the economy.