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Old 14-10-2013, 12:21   #16
buckleb
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

Quote:
Originally Posted by Taf View Post
They always bleat about "Wholesale Prices" rising. Maybe it's the wholesalers who are the true rip-off merchants? Plus the government who tag on a big whack for "green" purposes?
The big six energy companies buy wholesale from each other, or from their own wholesale subsidiaries. This makes me very suspicious when I read their claims about how small their profits are per customer. A more cynical person would accuse them of rigging the wholesale price to ensure that the retail companies (that we pay for our energy) are not seen to make a large profit.

The UK's energy prices are not the highest in Europe, but that doesn't mean that price increases by the UK energy cartel are justified.
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