Quote:
Originally Posted by Inactive Digital
We're at the point now where, even if suppliers did hedge their supplies for the duration of a fixed tariff, in the coming months more and more customers will be coming to the end of their fixed deals and suppliers will be forced to provide energy at a significant loss because there's no competition. Even the best run companies could struggle on the months ahead.
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Which only shows what happens when you apply free market dogma to national infrastructure services. When companies that are motivated by profit and shareholder returns are created in an artificial "free" market, it can never end well. The same story is seen in the water sector where it is probably worse.