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Old 14-10-2011, 09:11   #1
Maggy
The Invisible Woman
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Join Date: Jun 2003
Location: between Portsmouth and Southampton.
Age: 72
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Energy firms' profit margins soar

http://www.bbc.co.uk/news/business-15302723

Quote:
The profit margin for energy companies has risen to £125 per customer per year, from £15 in June.
The profit margin figure measures the amount suppliers would make if energy prices and bills were to remain unchanged for the next year.
The energy regulator Ofgem has predicted that profit margins will fall back to about £90 a customer next year.
Ofgem has also confirmed it will force suppliers to simplify tariffs to make it easier to compare prices.
That's one hell of a hike in price.I hadn't realised how bad it had got.
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