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Heat the Person Not the House
Thinking outside the box — a simple strategy that worked for us
The Backstory
I am not a fan of corporations. It’s their unaccountable greed that irks me. Case in point: here in Central Europe, because of the Russian invasion of Ukraine, the wholesale price of natural gas doubled in early winter 2022. Energy corporations responded by raising the price they charge to consumers. Fair enough.
However, interestingly, the energy corporation serving us tripled the retail price. So, yeah, their costs doubled, and they tripled what they charged their customers.
By spring of 2023, the wholesale price of natural gas had fallen to levels below the start of the invasion. That happened because European governments took action to, among other steps, dramatically reduce dependence on Russian natural gas. Even when winter began in 2023, the wholesale price remained below pre-invasion levels.
The cost to energy corporations was now lower than before they raised their retail rates. Did they pass their savings onto consumers? Are you kidding? They continued to charge that tripled rate.
