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Old 25-11-2013, 20:24   #175
nomadking
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Re: [MERGED] Utility companies - price rises

Quote:
Originally Posted by Damien View Post
http://www.telegraph.co.uk/finance/p...nto-doubt.html



Maybe it was just simple profiteering....
Quote:
It found that the average profit margin for supply to household customers was 4.3% - in line with the claims made by the industry - as energy use rose and bills went up.

But it calculated the profit margin made in generating energy in 2012 at 20% - slightly lower on the previous two years
...
The study sought to explain the disparity between supply margin and that for generation by pointing out that the generation part of a business needed significant sums of money over the long term to invest in building new power stations.
Stop misleading.
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