Monday 3 November 2008

A wastebin for ofgem

So what's the ofgem regulators tough talking, no nonsense approach, to the greedy energy companies?

Give them until the 1st December to come up with something, then refer them to another talking shop after a suitable period of time.  If they don't come up with something that “sorts this out”, the regulator will penalise them, “we can fine them.”

Whoop, springs to mind.

Good he can shop around though.  What about those who can't shop around, who are penalised because they are in arrears or have a pre-payment meter so are unable (due to them been held in a vice-like grip by their suppliers) to switch. 

So when the lights go out in 2015 as we run out of capacity, the many aging plants give up the ghost, and we can't afford to import, at least there'll be a swathe of the current crop of parliamentarians around, on whom blame can firmly, very firmly be attached.

In the meantime i think this firmly sums up most peoples thoughts on the subject.

ofgem

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