Thread: Economy Energy has collapsed
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Old 08-01-2019, 23:43   #7
jfman
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Re: Economy Energy has collapsed
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Originally Posted by RichardCoulter View Post
No, the scheme isn't paid for out of general taxation.
Magic money tree? Profits of other energy companies with actual business models? Someone is paying, and it won’t be the shareholders/owners of economy energy.

https://www.theguardian.com/business...0-in-the-lurch

Nine energy suppliers have failed totalling £80m picked up by other companies (in other words their customers). Effectively penalised for going with reputable suppliers while those chasing a quick buck have their credit balances preserved.
Last edited by jfman; 08-01-2019 at 23:50.
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