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Energy regulator Ofgem announces 13% increase for energy bills
(www.thecanary.co)
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this post was submitted on 28 May 2026
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It's an auction of a commodity, you have to keep paying more until you find someone to provide the last bit. Everyone then gets paid close to that.
The big profits are going to those that invested in renewable energy to be fair though, not to the fossil fuel companies.