(Steven Hayward) Illuminating (heh) story from this morning's Wall Street Journal: Power Companies Are Overcharging U.K. Customers, Government Probe Finds LONDON—Britain's six biggest power companies have been overcharging customers by about 5%, a U.K. government investigation said Tuesday, but the report blamed green-energy subsidies, a lack of competition and transparency and ineffective regulation for higher prices. (Emphasis added.) Only government can subsidize something and still make its retail price go up. Of
Source: Power Line