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Absolutely outrageous for a monopoly privatised by Thatcher
Somebody should string up Sid!
British Gas - learning from the Banks?
- Thread starter stockhausen
- Start date
Somebody should string up Sid!
Soldato
- Joined
- 29 Jun 2004
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- 12,954
Why are we not looking into starting a mostly nationalized energy company securing low prices for its primary UK customers? It works wonders in France through EDF Energy.
Like anyone cares about their customer base or the diversity of their product range. It's about how much that bill is that comes through the door.
Have they?
actually they gained like 200,000 customers last year too.
Sall good quit yer moaning could live in libya or iran
don't remember the exact figure wasn't really listening to the news this morning, but i know businessis good for them.
Asides every year they get accused of something, and no one cares.
Sall good quit yer moaning could live in libya or iran
don't remember the exact figure wasn't really listening to the news this morning, but i know businessis good for them.
Asides every year they get accused of something, and no one cares.
Man of Honour
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- 17 Feb 2003
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- Chelmsford
Absolutely outrageous for a monopoly privatised by Thatcher
Somebody should string up Sid!
I was under the impression that privatisation meant that BG didn't hold the monopoly, opening up competitive alternative suppliers.. This is surely better for the consumer..
wow. Moan about nothing, for someone else is fighting for freedom somewhere.
- Joined
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A 7% price rise is better for the consumer
As an unfortunate energy consumer, I would love to hear that one explained
A 7% price rise is better for the consumer
As an unfortunate energy consumer, I would love to hear that one explained
You can change suppliers. You can't do that when the council decides to spend 25% of council tax on inflated pensions, or when the NHS gives you MRSA...
Man of Honour
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And how many left? I did for one. You do realise we have one of the most expensive energy markets in Europe?
As usual, people see a big number and get all hysterical, too put it in perspective:
1) Centrica margins are much lower than in businesses such as BT, Vodafone or the water companies (yet you don't hear people complain about them)
2) Only a third of Centrica earnings come from energy sales to households
3) It would take 10 years of British Gas residential energy profits after tax to pay for just one nuclear power station, and British Gas/Centrica are planning to build four with EDF
4) Much of the growth is to do with Centrica aquisition of upstream assets
But lets not let facts get in the way of a good rant
1) Centrica margins are much lower than in businesses such as BT, Vodafone or the water companies (yet you don't hear people complain about them)
2) Only a third of Centrica earnings come from energy sales to households
3) It would take 10 years of British Gas residential energy profits after tax to pay for just one nuclear power station, and British Gas/Centrica are planning to build four with EDF
4) Much of the growth is to do with Centrica aquisition of upstream assets
But lets not let facts get in the way of a good rant
It's net gain
You do realise that a big part of that is continued refusal by successive governments to invest in energy production, or even to allow private companies to invest in meaningful energy production (ie not wind turbines and the like), leading to a large need to import energy subject to the vagaries of the market?
Man of Honour
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- Chelmsford
A 7% price rise is better for the consumer
As an unfortunate energy consumer, I would love to hear that one explained
This ..
I've just changed to NP and saved a fortune..
You say 7% rise in domestic fuel bills is outrageous but what about other consumables such as food. Have you shopped at Tesco recently? Personally I think the current inflation rates are well under what they really are... I'm convinced that the retailers are adding to the inflation to making extra margins. We've noticed our shopping bills rise at least costing us more than £100 pm.. With that said, there's always that competition with other retailers.. ASDA, Sainbury's, Waitrose etc I can choose where to spend my money .. same goes for gas suppliers, telephoney, Electric etc..
Yeah, they've increased their customer base, aquired various upstream assets in the North Sea, are investing in building nuclear power plants with EDF, invested £725 million in the Barrow offshore windfarm, signed a £2bn deal with Qatargas to supply LNG.....they don't hang about
Yeah, they've increased their customer base, aquired various upstream assets in the North Sea, are investing in building nuclear power plants with EDF, invested £725 million in the Barrow offshore windfarm, signed a £2bn deal with Qatargas to supply LNG.....they don't hang about
That's Centrica not British Gas.