My Energy supplier has gone bust.

Loz said:
Interesting but still written from the outmoded "market" point of view.

Energy is no longer a market. It isn't even infrastructure.
Energy production & supply is now an Instrument of State.

How many other IoS can you think of?
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Media, maybe that's all 'they' need.
 
BBC are talking about the energy price coming down in October (no mention of it being a ‘cap’ and that they don’t have to charge that much) and pointing out that the less energy you use the less you will save 🤦‍♂️
 
The energy companies have already demonstrated how much they care about strapped consumers having to reduce their energy use due to cost ... by hiking up the "standing charge".

We used to hang thieves in this country.
 
Loz said:
The energy companies have already demonstrated how much they care about strapped consumers having to reduce their energy use due to cost ... by hiking up the "standing charge".

We used to hang thieves in this country.
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Still waiting for a reply from mine about why it costs more to ‘keep me connected’.
And why they ‘can’t’ charge less than the price ‘cap’.
 
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Loz said:
Mine is sending me a letter a week and sometimes two in a day, "noticing" that I haven't yet booked my smart meter installation appointment.
Must be an oversight on my part.
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Mine have given up on the smart meter, after they phoned me and I was very upset that they thought I was so stupid I didn't realise turning off an appliance meant I'd use less of their precious electricity.
 
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The great standing charge rip-off...



Britons’ energy bills are falling – so why are standing charges soaring?​

 
Alan Williams said:
“Ofgem maintains that standing charges “are a valid way of recovering costs””

What do the suppliers have to do to ‘maintain the connection’.

Very little I would have thought. 🤷‍♂️
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Suppliers need to make up for the shortfall in units used by cash-strapped consumers.
 
Loz said:
Suppliers need to make up for the shortfall in units used by cash-strapped consumers.
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Ofgem would never allow that. Silly billy.

“Ofgem maintains that standing charges “are a valid way of recovering costs”. It says a recent impact study showed that moving costs from the standing charge to a higher unit rate would result in winners and losers, and could be particularly damaging for vulnerable consumers who were unable to reduce their usage because of age, disability or reliance on medical equipment.”

Though it’s possible that moving costs to the unit rate ‘winners’ would be consumers and ‘losers’ would be energy suppliers.
Now that just won’t do. Will it.
 
  • HaHaHa
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Alan Williams said:
Ofgem would never allow that. Silly billy.

“Ofgem maintains that standing charges “are a valid way of recovering costs”. It says a recent impact study showed that moving costs from the standing charge to a higher unit rate would result in winners and losers, and could be particularly damaging for vulnerable consumers who were unable to reduce their usage because of age, disability or reliance on medical equipment.”

Though it’s possible that moving costs to the unit rate ‘winners’ would be consumers and ‘losers’ would be energy suppliers.
Now that just won’t do. Will it.
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Recovering the cost of reduced consumption due to higher unit rates.

Well, when you put it that way ...
 
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