A CEO of a popular energy company has lashed out against the United Kingdom's 'bonkers' energy market, with renewable electricity costing even more than gas amid the cost of living crisis.
As the energy crisis strengthens its grip on British consumers, many are feeling the knock-on impact of spiralling wholesale gas prices, prompting horror warnings that Ofgem's energy price cap could even reach £5,500 by April 2022.
And with the price of gas, electricity bills are also spiralling as a result of an 'outdated' link according to Octopus Energy CEO, Greg Jackson - whose firm specialises in renewable energy.
