Gold and Silver Real, Uninflated Prices Break Out | How High Will They Go?


























More Americans are using small solar panels in their back yards or balconies as a clean way to cut their electric bills
If you feel like your electricity bill just keeps climbing, you aren’t imagining it. Since 2020, US residential energy prices have surged by about 30%, making power the largest household energy expense behind gasoline, according to the US Energy Information Administration.
But for residents like Alex Curtis, the days of feeling powerless against rising costs are coming to an end. Curtis is waging a war on his electric bill, and his new weapon of choice is a lightweight, thin-film solar panel.
Continue reading...
© Photograph: Climate Central

© Photograph: Climate Central

© Photograph: Climate Central

Regulator could do us all a favour with clear multi-year forecasts and breakdowns of electricity pricing
It is easy to predict where the energy regulator will set the next quarterly price cap on Wednesday. It’s just a matter of tracking wholesale prices in Ofgem’s relevant backward-looking “observation period”. Energy consultant Cornwall Insight thinks the typical household bill be £1,850, an increase of £209 from the previous quarter. It will be surprising if it is out by more than a few quid.
One can also make a fair guess at the regulator’s messaging. It will talk about the unavoidable impact from the surge in energy prices that followed the closure of the strait of Hormuz. It may also say the increase would be even greater than 13% without the additional wind and solar generation on the system these days. Fair enough. Gas sets the wholesale price of electricity only 60% of the time now, down from 90% not long ago.
Continue reading...
© Photograph: Murdo MacLeod/The Guardian

© Photograph: Murdo MacLeod/The Guardian

© Photograph: Murdo MacLeod/The Guardian