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Old 14-10-2011, 12:04   #11
martyh
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Re: Energy firms' profit margins soar

Quote:
Originally Posted by nomadking View Post
These figures are not actual profit, but predicted possible profit.

How much profit they make depends on how much customers use, because of things like cold weather. The future weather would be completely unknown to them. If it actually turns out to be warmer, then they would make less profit.
Quote:
The profit figure is a snapshot of the amount suppliers would make from dual-fuel customers if energy prices and bills stay unchanged for the next year
We know that energy prices won't be going down and we know that customers energy usage is fairly consistent so whilst it must be appreciated that the figures are an estimate and will most likely be lower than quoted it is still a massive number and highlights how vulnerable joe public is to profiteering from energy companies
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