Fred_Quimby
Well-Known Member
Unless of course you are Eon ..... who buy electricity from a company they own ...and then bill you from another company which they own (each of these companies make a profit and are used to bypass the regulations and capping set by OFGEN)
Could someone please explain to me how, if the majority of our electricity is provided by renewable resources such as wind , (which costs nothing) ...why is the cost of electricity so high and why are companies going bust?
I was listening to someone at lunchtime trying to explain why people were still without power after the recent storm (5 days ago). He was saying that would people be prepared to fork out an extra £20 a month on their bills for the electricity system to be more resilient? My answer would be - perhaps the electricity companies should pay it out of the profits they make. Before you say - ah but lots are going bust, I will say that the big ones that aren’t going bust are making huge profits at the moment. Our son works for one of the big ones and he says that these companies are keeping quiet about it but the are making some huge profits. Mostly out of those who have had to move over from bust firms and who they can put on the maximum tariff.