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Originally Posted by jfman
A pointless and arbitrary distinction.
I’m not sure how this goes against my point of all reward, no risk.
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The parent companies earn money from all around the world, and from various activities. Any profits the parent companies make,
do not belong to the supplier companies, unless the profits are from the supplier company. If would be unfair competition, if a large multinational could use profits from elsewhere to undercut their competitors.
So they are all working in concert? What supposedly massive profits are the supplier companies making?
Octopus 2021 £85m LOSS.
SSE/OVO 2020 £7m LOSS
EDF 2020 £154m LOSS
During the height of covid, in one US oil market, the price was negative, ie they would pay you to take the oil. Not always a reward.
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Direct comparisons are difficult but the typical Italian household is forecast to spend around £2,300 annually at present, compared to a current British price cap of £1,971. A July estimate for households in Germany put the average bill at £2,759.
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And Germany is looking at adding a 500 or 1,000 Euros annual levy.