Quote:
Originally Posted by heero_yuy
They are not state owned companies, if the government were to try and cap prices they might just abandon the supply market and let the lights go out. Millipede's ill judged cap statement wiped over £1 billion off these companies and that came straight out of the pension funds.
Anyway join the club, we're with SSE and have already had the price hike (8.3%) that is coming to all the customers whoever you get your energy from. A big chunk of it comes from the carbon and green taxes that the last administration, Labour remember?, signed up for.
Some of your increase also pays for those in fuel poverty to get help.
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and here is the crux. The open market economy created by Thatcher has left us with no real control. These energy companies can virtually charge what they want. She missed the change of making it a mixed market economy and keeping some control so the consumer still gets value for money.