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Old 04-11-2021, 23:03   #241
1andrew1
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Re: Energy companies collapse

Quote:
Originally Posted by Paul View Post
Ofgem must be very busy atm, finding new homes for everyone.
Agreed and it's work they created for themselves.

As the boss of Octopus said, energy companies should have to buy energy in advance to match the tariffs they are offering their customers. If they just gamble on energy prices falling all the time, then they will get caught out when prices rise. The extra costs from companies not doing this and failing result in extra admin for Ofgem and these costs are passed onto us consumers.
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