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Originally Posted by denphone
Yes l agree totally in that Privatisation was trumpeted as some great policy which would mean lower prices and better services but what have we got now and that is poorer services and sky high prices.
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Nothing wrong with privatisation it is the fact that there is no competition .Basically there is a energy monopoly ,we have 5-6 big suppliers who all colaborate when it comes to prices which is why OFGEM need to grow some teeth and start snapping .The government however are in a bit of a pickle over this because they need the tax revenue rom companies such as these to balance the books and reducing their profits reduces the tax revenue