Power company to boost storm payouts
 

Big bloody deal!!....these companies are making hundreds of millions in annual profits yet still had the audacity just a month ago to up their prices by on average 10% :nope:

http://www.bbc.co.uk/news/uk-25534151

Bloody gangsters, time for people to stick them in...:/\\chop

Shareholders will be happy enough,:shifty:

Certainly nothing more than a thinly veiled PR stunt.

Payouts? Over here they just don't continue to charge you until the power is restored!

Does that mean you have standing charges? (a set daily fee to maintain the supply).

Why am I not surprised by this headline.:hmph:
http://www.mirror.co.uk/money/city-n...centre-2968570

Sadly it's not just power companies, you can add the likes of Amazon, Starbucks and many others to the list.

'Greedy power companies' ??

It is their right to make 'hundreds of millions', after all they provide you with energy and also have alot of employees to pay.

This is nothing but competition and capitalism, you bl**dy communists !
:hmph:










:hmm2:

We have all kinds of fees and miscellaneous charges in our bills but it's all based on amount of electricity used in a given month. If one uses less or none like if the power is lost and the next monthly bill is lessened proportionally.

Sounds as complex as our suppliers agreements.

Up here in Ontario it is the same.

In our system, the thing is not what something might be worth, but what people are willing to pay for it, and if with clenched teeth.

Here in Germany, all the privatized companies do what they want.
Raise of 10 percent ? No problem - energy was just a 15 percent raise.
If you do not consume so much energy or water, they just raise the basic price, the price you pay without consuming anything, just the baseline fee that you are connected to the system at all.

In german automotive repair facilities one hour meanwhile costs about 100 Euros plus VAT, sometimes more. No one can tell me that whatever they do there, is really worth THAT price.
Sad thing is some have not the knowledge, or get too old to do it themselves any longer. Then, instantly, the 'take what you can' rule applies.

Another nice thing is the mayor of a bigger town recently privatized the water systems, to pay back debts (he himself caused) and so in a way sold the table silver.
Miraculously, he was found sitting in the directorate of the company the facilites were sold to, one year later.

If all that goes on there will be social unrest, and soon. And, with a reason.

I'd recommend all you UKers to to Ecotricity instead of the usual big six.

They plough 100% into renewable energy where only one or two of the others even meet the basic legal minimum (something like 6%) and their customer service is consistently rated the best.

That company is on my list of things to look into after the new year actually.

I put it on after watching the other big wigs take the pee out of the parliamentary energy committee.