On that note, on a FB discussion forum I belong to someone posted a link to a Grauniad article comparing prices in 1969 and now. The unit cost of electricity is one of the few things that is in the same sort of ballpark as the inflation-adjusted cost in '69 - the inflation-adjusted cost in '69 being 12.9p per kwh, the actual cost being 14.4p per kwh.The amount of standing charge per day charged by energy suppliers.
Was about to renew my Gas/Electric contract & it’s risen from 8p a day(for each fuel) to 24p a day(combined £175 a year!).
Time to look on my uSwitch app.
The standing charge was abolished when the energy market opened up,there was no need for it because the emergency service part,transmission & metering was included in the unit cost of energy.
Then the suppliers thought there was easy money to be made from UK consumers.
Money for old rope..
Now, Tube fares, on the other hand......!