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Polarbear
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PostPosted: 21:06 - 29 Oct 2013    Post subject: Energy Companies (and other scumbags) Reply with quote

So when are the Tories going to come clean and admit the privatisation of energy companies has been the biggest fuck up as far as most 'normal' people are concerned.

Add the rail companies and the water companies and I'm struggling to see anything good come out of privatisation.

I'm a relatively large wage earner, but I cringe at some of the shite Tory ministers come out with.
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The Shaggy D.A.
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PostPosted: 21:20 - 29 Oct 2013    Post subject: Reply with quote

The letter I received from my supplier had the balls to quote :-

Quote:
In fact the profit we make is likely to remain about the same as last year. On the average dual fuel energy bill we make less than £2 profit a week.


So they're essentially telling me "yeah, we stiffed you for £100 last year, and hope to do the same next year". Time to look around. Again.
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oldpink
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PostPosted: 21:32 - 29 Oct 2013    Post subject: Reply with quote

I've been looking around and the smaller companys seem best
best quote was a saving of £500 from a dual bill of £2300 a year down to £1800 from First Utility
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oldpink
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PostPosted: 23:32 - 29 Oct 2013    Post subject: Reply with quote

well from what I see all privatisation has done is drive up prices to pay bonuses to the few at the expense of the many
they should have never sold off the core services like leccy gas & rail / transport
these are basics a country needs to function, they shouldn't be used to make the rich richer at the cost of the customer

and the gubberment is just as bad, how much Tax does it get from the power company's directly and in tax from there profits / bonuses
use that to cut the cost of fuel
same as for petrol a large chunk of what you pay to the garage to keep you mobile goes right into HMRC's coffers
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syl
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PostPosted: 00:57 - 30 Oct 2013    Post subject: Reply with quote

If it was in public hands with the inherent politicalisation and public sector inefficiency, I have no doubt that it would be more expensive - either directly or through general taxation. Probably employ double the number of staff though (and quadruple the number of middle managers).
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Ste
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PostPosted: 01:09 - 30 Oct 2013    Post subject: Reply with quote

"We need to have a very thorough Competition Commission inquiry,"

Petrol stations (mainly the supermarkets) have price wars, one puts their prices down and (most) of the others follow. Energy companies do the exact opposite. Sad
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smegballs
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PostPosted: 01:15 - 30 Oct 2013    Post subject: Reply with quote

Mk1GSF wrote:
syl wrote:
If it was in public hands with the inherent politicalisation and public sector inefficiency, I have no doubt that it would be more expensive - either directly or through general taxation. Probably employ double the number of staff though (and quadruple the number of middle managers).


And that there is the problem. Nationalised companies mean that they're run with a 'don't give a fuck' attitude, because they know there's someone there to pick up the tab. If they could run the businesses as if they were a private company, and put those running it on performance related pay, it'd be a whole lot better, with any profit used to subsidise just how much it costs the public.


I'm too young to remember nationalised utilities. My old man however says that altho he likes the idea of nationalised utilities, this is what happened in practice.
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oldpink
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PostPosted: 01:49 - 30 Oct 2013    Post subject: Reply with quote

privatised means someone has to make a profit thats the bottom line
if a company isn't profitable nobody wants a piece of it
only sustainable answer is public sector but running at a minimum profit to cover investment
in essence non profit making but not running at a loss

the energy sector all use the same pipes for gas and cables to supply you leccy
they just dress it up as we are your best option and will save you money
when thats not the case, suppliers reliant on gas as there prime source of power generation are fu***
those in mixed source are OK
nuclear and renewable are quids in as they have little to no cost of source energy (cost of Gas or coal) to fire there power stations

Oh as for the "green Tariff" regardless if its charged by your supplier or a general tax absorbed by the general tax burden
you will still pay it one way or another so no net gain if they abolish it on the suppliers bills
you will pay for it in another way so no better offf
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oldpink
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PostPosted: 02:06 - 30 Oct 2013    Post subject: Reply with quote

well we have no choice
Cameron & co signed us up to a deal with the French (edf) and the Chinese to build our nuclear future which will take 20 years before its on stream
and at a rate of almost double the current Kw pr hr charge to supply once the plants are up and running
so expect fuel bills to double when that comes on tap as it is already agreed to

so even if we find a cheap renewable source before then (20 odd years) we still have to pay the rate we promised Thumbs Down

BTW I worked for British Energy running the backup for there nuclear plants in Scotland before it was sold off to EDF Rolling Eyes
my job is now done by a French guy in Lyon and not in Scotland where the plants are Laughing
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Polarbear
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PostPosted: 10:16 - 30 Oct 2013    Post subject: Reply with quote

smegballs wrote:
Mk1GSF wrote:
And that there is the problem. Nationalised companies mean that they're run with a 'don't give a fuck' attitude, because they know there's someone there to pick up the tab. If they could run the businesses as if they were a private company, and put those running it on performance related pay, it'd be a whole lot better, with any profit used to subsidise just how much it costs the public.


I'm too young to remember nationalised utilities. My old man however says that altho he likes the idea of nationalised utilities, this is what happened in practice.


British Rail & British Leyland I agree, but the energy providers and water companies were never in that league and at least they were accountable, which this bunch of thieves aren't.
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ThoughtContro...
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PostPosted: 16:27 - 30 Oct 2013    Post subject: Re: Energy Companies (and other scumbags) Reply with quote

Polarbear wrote:
So when are the Tories going to come clean and admit the privatisation of energy companies has been the biggest fuck up as far as most 'normal' people are concerned.


But it hasn't has it. The idea was to make a fuckload of money for men with money. The share sales sweetener was the idea to sell the idea to a gullible public, who they knew would quickly sell their shares on for profit, to use the money for a new car/TV/holiday, because let's face it, the public are total fucking morons, and it helped buy votes and win elections and that's what counted at the time. The same with the post office sale. You'll just get taxed to subsidise what's left that loses money. Business as usual for those with money and power, just as usual, and don't expect anything else. So cough up whatever price they want and STFU or we'll send the anti-terrorism squad round. It's all the fault of the Russians Laughing
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doggone
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PostPosted: 17:07 - 30 Oct 2013    Post subject: Reply with quote

smegballs wrote:


I'm too young to remember nationalised utilities. My old man however says that altho he likes the idea of nationalised utilities, this is what happened in practice.


I'm not, they were universally panned for appalling service and restrictive monopolistic practices.
Want a new phone line? well, waiting list is a couple of years.
New phone?
It has to be BT one it's an offence to connect your own as it might blow up half the system.

Power off? we'll fix it eventually, but there are 50 other faults caused by antiquated infrastructure that hasn't been updated in 50 years.

Round here all the power lines have been upgraded to more robust designs after a snow incident some 15 years ago.
Part of the reason was the companies had to pay compensation after 48 hours downtime.
This is privatisation working well
Also remember that drought when they were tankering water to South Yorkshire?
That was down to decades of neglect and bodges under public ownership.
Now the leaks are fixed and new linking pipes to transfer water are in place.

When infrastructure is owned by the State, it's far too easy to syphon money away that should be re-invested.
Add in the jobs for life and strike for more money every year mentality, and the result is unlikely to a be a good robust system long term.
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Rogerborg
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PostPosted: 18:04 - 30 Oct 2013    Post subject: Reply with quote

Are we talking about that OVO exec blabbing to the politicos that stories of wholesale gas price rises are a whopping big fat lie?
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Suntan Sid
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PostPosted: 18:27 - 30 Oct 2013    Post subject: Reply with quote

You should also remember that when water was privatised the waste water side, ie sewage, was left in public hands. It's called privatising profit and saddling the public sector with debt!

Water, Electricity, Gas, BT, Railways, Council housing, all sold off for a fraction of what they were worth, where has all the money gone? The overall tax burden has gone up since, FFS!

Most recently, Royal Mail, even the accountants have now admitted it was sold off at 50% of its true value, and guess what, the pension liabilties stayed with the public purse, hoo-fuckin'-rah! Rolling Eyes

To add insult to injury, as soon as the shareholders, in these private enterprises, see their dividends dropping, they demand to be bailed out via the public coffers!

It gets even better though, all the Megacorps, who now own all our assets, manage to avoid paying tax in the UK, so the percieved wealth and benefits, that the sell offs were supposed to bring to the economy, have dissappeared overseas, fcukin' brilliant! Rolling Eyes

When are the public going to wake up and realise succesive governments, of all persuasions, have been syphoning public money into the pockets of their financial backers?
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Kickstart
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PostPosted: 20:04 - 30 Oct 2013    Post subject: Reply with quote

Hi

From memory the profit per customer was about £25 a year (hence taking about a year to cover the cost of acquiring a customer) a few years ago. Now £100 each. £100 for 5m customers is £500m profit, which is a massive amount.

I used to work for an electric company, and I have seen how things got screwed up as time moved on (following initial privatisation things worked well). A massive new computer system taking ~6 years to develop being scrapped at the last moment at a massive cost. Closing down call centres and moving them to a cheaper area, ignoring that the cheap staff didn't have a clue.

While I think some of the things the energy companies are attacked for is just ill informed bitching, they do not appear to be well run businesses anymore.

All the best

Keith
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Kickstart
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PostPosted: 20:16 - 30 Oct 2013    Post subject: Reply with quote

Mk1GSF wrote:
Re the computer system - that happens in govt run capacities - NHS linked computer system anyone?


Aye, but when you are at the 99% point it is a pretty silly thing to do. And the rumoured cost per customer was rather high.

All the best

Keith
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oldpink
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PostPosted: 21:59 - 30 Oct 2013    Post subject: Reply with quote

Mk1GSF wrote:
In my eyes, the NHS computer system would be an excellent idea, with records accessible anywhere. It's the numpties who can't implement it that are the problem.


I can't agree more, its just a large database containing patient info
I've managed systems for company's (British energy, Lloyds - TSB HBOS) with millions of user in the systems

problem seems to be is its all done by committee mostly by people that are not "Tech literate"
otherwise why would you spend £3000 on a computer that costs £300 in any high street store
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The Artist
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PostPosted: 22:02 - 30 Oct 2013    Post subject: Reply with quote

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