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Old 17-11-2021, 08:46   #246
Chris
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Re: Energy companies collapse

Quote:
Originally Posted by Jaymoss View Post
I think they are getting help on the QT. Too many customers to lose. With their pricing structure though at least they have not lost as much as those who were honoring massive loss inducing deals
Yes, they don’t do fixed rates or introductory bribes - just one basic rate (although they do now also offer an economy electricity tariff for EV owners). I guess this may have made business planning slightly simpler for them. It has certainly given them the necessary flexibility to move all their customers onto the Ofgem maximum tariff.

They installed our smart meter last week and against all expectations it has done something useful. All three teenagers in our house used the electric shower last night so we got a timely reminder of what it looks like when a 10kW appliance runs for about an hour, more or less continuously. It was eye-watering. I’ll be having a word.
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