Property News · January 23, 2016

Silence from big six energy firms is deafening


If this were a competitive market, our fuel bills would be £850 a year instead of £1,100You cannot hope to bribe or twist the British journalist (goes the old quote from Humbert Wolfe) “But, seeing what the man will do unbribed, there’s no occasion to.” Much the same could be said about Britain’s energy companies. You cannot call them a cartel. But seeing what they do without actively colluding, there’s no occasion to.Almost every day the price of oil and gas falls on global markets. But this has been met with deafening inactivity from the big six energy giants. Their standard tariffs remains stubbornly high, bar tiny cuts by British Gas last year and e.on, this week. Continue reading…

Source : theguardian.com
Read more…Silence from big six energy firms is deafening

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