Gas/electric Bills.

[Born Hunter 17,818]

Energy companies and water should be nationalised. They don't compete with each other to keep prices down. They conspire with each other to keep prices high.

Railways and old folks' homes should be nationalised too. It's immoral to make profits out of basic needs.

Or is that too wildly left wing for some of you fellas?

 

I get your thinking but why does it have to have a left wing solution?

 

If energy companies are all having secret meetings to inflate the value of their products then it leaves the market wide open for competitors to enter and the government should do anything they can to stimulate that and prosecute the cartel. If they can't then why would they do any better job of running it themselves?

 

Better yet, if this accusation has any legitimacy buy shares in any or all of the Big Six! They have to go up in value because they control the market right? yet a quick search for the 5 year share price for a couple of them shows a less certain picture.....

[greg64 2,859]

 

We have a septic tank so our water bills are even cheaper as we don't pay for sewage

yep same here , but have it emptied every 2 years , so about say 100£ quid per year and get our water from wales , it always tasted bit like old mutton to me as well haha , only joking lol,

 

do'es it need emptying that often bird ,ive got two septic tanks one for a four bed farmhouse that's never been emptied since I bought the house 11 years ago and one that services two barn conversions that I have not emptied yet and that has been in 6 years and in my last house was there 15 years and did not empty it once

[Greyman 29,111]

 

Energy companies and water should be nationalised. They don't compete with each other to keep prices down. They conspire with each other to keep prices high.

Railways and old folks' homes should be nationalised too. It's immoral to make profits out of basic needs.

Or is that too wildly left wing for some of you fellas?

 

I get your thinking but why does it have to have a left wing solution?

 

If energy companies are all having secret meetings to inflate the value of their products then it leaves the market wide open for competitors to enter and the government should do anything they can to stimulate that and prosecute the cartel. If they can't then why would they do any better job of running it themselves?

 

Better yet, if this accusation has any legitimacy buy shares in any or all of the Big Six! They have to go up in value because they control the market right? yet a quick search for the 5 year share price for a couple of them shows a less certain picture.....

I don't know if it's a left or right wing solution, it's just good for all customers, I saw arron banks the multi million pound business man behind the brexit campaign calling for energy company,s to be nationalised in an interview recently and he,s about as far from a leftie as you can get, but he can see what's good for people and what's just another daylight robbery system set up for the benefit of the globalists elite

[Born Hunter 17,818]

 

 

Energy companies and water should be nationalised. They don't compete with each other to keep prices down. They conspire with each other to keep prices high.

Railways and old folks' homes should be nationalised too. It's immoral to make profits out of basic needs.

Or is that too wildly left wing for some of you fellas?

I get your thinking but why does it have to have a left wing solution?

 

If energy companies are all having secret meetings to inflate the value of their products then it leaves the market wide open for competitors to enter and the government should do anything they can to stimulate that and prosecute the cartel. If they can't then why would they do any better job of running it themselves?

 

Better yet, if this accusation has any legitimacy buy shares in any or all of the Big Six! They have to go up in value because they control the market right? yet a quick search for the 5 year share price for a couple of them shows a less certain picture.....

I don't know if it's a left or right wing solution, it's just good for all customers, I saw arron banks the multi million pound business man behind the brexit campaign calling for energy company,s to be nationalised in an interview recently and he,s about as far from a leftie as you can get, but he can see what's good for people and what's just another daylight robbery system set up for the benefit of the globalists elite

 

 

It's definitely a left wing policy, economically. But so what, that's fine, I'm just calling it what it is.

 

I'm not intimately knowledgeable of this alleged scandal I just dispute some of the evidence, like share holders getting a greater return every year. Also that nationalising the industry would make it any better than the current system. I don't think the price payed is quite as dominated by corruption as is portrayed.

[Born Hunter 17,818]

Anybody had a read of the Competition and Markets Authority report on competition in the energy market?

 

They couldn't find conclusively that profits were unreasonable though suspect a degree of this. So scandal right? Well not necessarily so as it was conclusively found that very few people have historically forced providers to be more competitive by actually leaving! The consumer has historically been very lazy and just stuck with their providers giving them effectively unrestrained control of the market. It's only in recent years that this trend has started to change and smaller companies are getting greater market share and giving the consumer better deals.

 

That's a right wing solution in it's infancy! Rather than just give control to the government we should keep it privatised and actually apply a bit of market pressure. It's no good complaining that the profit driven company is making too much money when the majority of consumers won't force them to be competitive.

 

I'm as guilty of this as anyone, never once looked at changing provider.

[Greyman 29,111]

Anybody had a read of the Competition and Markets Authority report on competition in the energy market?

 

They couldn't find conclusively that profits were unreasonable though suspect a degree of this. So scandal right? Well not necessarily so as it was conclusively found that very few people have historically forced providers to be more competitive by actually leaving! The consumer has historically been very lazy and just stuck with their providers giving them effectively unrestrained control of the market. It's only in recent years that this trend has started to change and smaller companies are getting greater market share and giving the consumer better deals.

 

That's a right wing solution in it's infancy! Rather than just give control to the government we should keep it privatised and actually apply a bit of market pressure. It's no good complaining that the profit driven company is making too much money when the majority of consumers won't force them to be competitive.

 

I'm as guilty of this as anyone, never once looked at changing provider.

but we should be changing to a wind turbine a solar panel and a teslar battery, but we won't because no one will tell you how or give you a hand getting off the ground because they are making to much money selling out of date technology to you and lining there pockets, and reading a set of guidelines drawn up by the very people robbing me does not make me feel anymore reassured, share holders equal price rises

[Born Hunter 17,818]

 

Anybody had a read of the Competition and Markets Authority report on competition in the energy market?

 

They couldn't find conclusively that profits were unreasonable though suspect a degree of this. So scandal right? Well not necessarily so as it was conclusively found that very few people have historically forced providers to be more competitive by actually leaving! The consumer has historically been very lazy and just stuck with their providers giving them effectively unrestrained control of the market. It's only in recent years that this trend has started to change and smaller companies are getting greater market share and giving the consumer better deals.

 

That's a right wing solution in it's infancy! Rather than just give control to the government we should keep it privatised and actually apply a bit of market pressure. It's no good complaining that the profit driven company is making too much money when the majority of consumers won't force them to be competitive.

 

I'm as guilty of this as anyone, never once looked at changing provider.

but we should be changing to a wind turbine a solar panel and a teslar battery, but we won't because no one will tell you how or give you a hand getting off the ground because they are making to much money selling out of date technology to you and lining there pockets, and reading a set of guidelines drawn up by the very people robbing me does not make me feel anymore reassured, share holders equal price rises

 

 

I'm sorry mate, but being a share holder doesn't give you some power to sit on some ever increasing income curve. The dominant forces driving prices are supply and demand in the market, not simply the demands of the share holders! If the consumer (demand) won't change provider (supply) then the provider will obviously increase their prices until it does eventually cause a profit loss by forcing their customers to f**k off. It's not their job to look out for your finances.

 

There are changes that need to be made to the market/industry, that's clear. Nationalising it isn't the only option and the problem ain't as big as some seem to think.

Edited February 14, 2017 by Born Hunter