Quote:
Originally Posted by Chris T
We had Virgin home energy for duel fuel. It was keenly priced and customer services were excellent. I was disappointed when they sold it all to EDF.
However as a mere user I couldn't say where they were getting my gas and electricity from!
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Well, I think you answered your own query there. I would think Virgin got the energy off EDF, though it used to be London Electricity back then, wasn't it?
Perhaps now that Branson has a link into a potential 50% of homes via "his" cable network, he might be more confident of getting back into this sector again. It's not as if Virgin will have to produce gas/electricity or maintain networks, that would be the Grid and Transco. All he's got to do is buy the stuff wholesale off the market and resell it to customers and provide the billing/customer services part of it.
By the way, there is still a Virgin company dealing in energy called Virgin Fuels. They deal with green fuels, but I don't know whether they sell that to residential customers or not. Is there anything that Branson doesn't get involved in? If he had the money he would buy Tescos no doubt!