Environmental Engineering Reference
In-Depth Information
that are quick to pass on to the consumer rises in wholesale energy prices,
but slow to let consumers benefit from falls in wholesale prices and awk-
ward in letting consumers switch supplier.
Yet part of consumer frustration with energy arises from exaggerated
expectations encouraged by politicians of the price benefits of liberaliza-
tion and from a reluctance (also encouraged by politicians) to accept the
need for energy prices to rise to reflect carbon's real social cost to our
environment.
