Showing posts with label OFGEM. Show all posts
Showing posts with label OFGEM. Show all posts

Friday, 4 February 2011

REGULATION OF POWER COMPANIES IS A DISGRACE!



The average household energy bill will be £65 a year higher than last year, after rising at nearly twice the rate of inflation, after the last of the big six suppliers announced it was raising its tariffs.

Now, it just so happens that the one, who is going up, is the one I use.  That is not really the issue, as they've held their prices until March the first, although it is sickeningly predictable that their prices go up on March the second.  The power companies seem to put our power up when the wholesale price goes up and never bring it down, when the price falls.

Which brings me to the 'regulator', OFGEM.  What fucking use are they?  Have they been set up as a sop by the politicians to us stupid bastards at the bottom of the heap, i.e. the 99.5% of us?  Why don't they ever do anything to force the power companies to REDUCE their prices?  Are their palms being greased?  Where does the Chairman take his holidays and how much does he earn?  These are the questions the MSM, should be asking, now they've brought some semblance of discipline to Westminster and MPs'expenses, (laughs down cuff)!

I noticed that the power companies are, as one of the excuses for high prices, saying that GREEN TAXES now account for 9% of electricity bills and 5% of gas.  So on average we are paying, £90 per year in GREEN TAXES. 

 Who the fuck ever remembers that being raised at election time?