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Old 22-03-2011, 16:39   #15
Mick Fisher
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Join Date: Aug 2004
Location: Northants
Age: 81
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Re: Ofgem to tackle 'complex and unfair energy bills'

I guess we have to assume that our energy purveyors are so incompetant that the minute wholesale prices increase, they immediately stock up at the higher price and have to pass on the increase to the consumer.

However record profit margins, year in year out, suggest our energy purveyers are highly competent at stocking up at lower prices while keeping the price to the consumer artificially high.

Throwing a sop to the angry mob for a few summer months when demand is lowest doesn't impress me in the slightest.

As for competition, well, your only choice is who you pick to rip you off.

If I didn't know full well that such practices didn't go on in a civilised democracy I would swear there was some sort of cartel in operation.
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