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8% drop in electricity bills
Posted: Tue Mar 05, 2019 11:07 am
by Paphos Life
Consumers will see a reduction of 8% in their electricity bills, starting from this month, due to a decrease in oil prices and changes in the pricing policy of kilowatts, Phileleftheros reported on Tuesday....
Read the article and chat about it below...
Re: 8% drop in electricity bills
Posted: Tue Mar 05, 2019 11:38 am
by Dominic
I agree it is bloody confusing. Not the bills so much, but whether the price is going up or down. It is on a par with UK politicians announcing the same spending plans over and over, so that people think the nurses are getting an extra 50 pee a week when it is in fact only 10p.
Perhaps it is that simple?
Announce a 10% increase in price. People angry.
Then announce an 8% fall. People happy.
Result: people happy with a 2% rise.