UK energy bills highest in Europe.
Fuelling poverty, business costs and bankruptcies.
Ofgem pricing formula guarantees profits to all producers. Formula linked to gas price, the most expensive input. So, industry made£483bn profit since 2020.
Need price controls, public ownership.
Fuelling poverty, business costs and bankruptcies.
Ofgem pricing formula guarantees profits to all producers. Formula linked to gas price, the most expensive input. So, industry made£483bn profit since 2020.
Need price controls, public ownership.
Comments
At what point will the profits actually be enough?????
People are being into hospital because they are cold.
I was under the impression that was going to sort all this shit out.
https://www.opendemocracy.net/en/dark-money-investigations/dark-arts-dispatch-carbon-capture-storage-baringa-and-water-investors/
Implies that the less energy used the higher the unit cost!
Regulators, the Emperor's new clothes of privatisation of utilities!
This injustice is caused by the pricing mechanism in the privatised energy market in the UK.
Governments can change this mechanism
You have a majority of 343
Use it to change this.
Signed, Everyone.