Quote Originally Posted by longrange2 View Post
I saw one little coffee cafe that had a bill of around $10k for energy for just 73 days of service. Many pubs are closing their doors. I’ve seen estimates that 80% of the pubs and restaurants could close. The pubs in London aren’t always the greatest for food but once you get out into the smaller communities I’ve had some great meals. I wonder if the public in Europe will continue to believe it is all Putin’s fault or if many will realize it’s been all the disastrous green energy policies their governments have pushed.
I looked in to that post and shop. The back story is this. In Ireland where the shop is located you can buy your power from a number of companies similar to buying cellular service here, it's not like here where you have Xcel and that's it, over there you are basically getting your power from a 3rd party broker. The shop owner was buying their electricity from a company that was based out of I think Turkey. The electrical supplier left the Ireland market a couple months ago and customers were supposed to switch to a supplier of their choice, if the customer didn't switch themselves they were automatically passed on to another company by default which happened to be a company with astronomical rates and is supposedly using the situation to makes a few extra $$. This was the reason for the 73 day service period as the accounts switched from one company to another. The electrical rate that this shop keeper was charged is not the norm for the area.