Do you want to discuss boring politics? (12 Viewers)

fatso said:

The cost of which they would pass on to their customers.

Click to expand...

They’re price gouging their customers and raking it in while pleading that they have no choice. Tax the bastards

The 2% shows exactly why privatisation has failed. The consumer directly has to cover private companies investment in energy generation plus it’s the only reason any investment is made in the cheapest form of energy in the first place. Energy providers are only interested in selling you the highest possible rate at the smallest possible investment. Which brings us to Ofgem. Successive governments have hidden behind Ofgem setting the price cap as if they can’t change the way Ofgem calculates the cap. They can, they just choose not too.

Brighton Sky Blue said:

We have British Gas making enormous profits while using random number generators to decide people’s bills. They should be taxed through the nose.

Click to expand...

They are

fatso said:

The cost of which they would pass on to their customers.

Click to expand...

That’s not how windfall taxes work

fatso said:

The cost of which they would pass on to their customers.

Click to expand...

They're making obscene profits increasing all the time and yet we're constantly told it's because of the cost of energy production.

If that were the case then profits would largely remain the same. They're taking the piss.

If they don't like it then nationalise it and not let them make any money to tax in the first place. We could use those massive dividend payouts to actually improve the energy network instead.