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I never knew that the profit margin on an average £1315 energy bill was only £65. That works out at less than 5%.
For the amount that it’s worth to a consumer, there are far more ways I’d want the government to concentrate their efforts on than pursue these companies.
Why not add extra money into the fund to find alternative sources of energy that will in future make us less reliant on the likes of Russia and the Middle East.
It comes down to the short term view of Governments vying to win their next election rather looking at the bigger picture.
The UK as a energy problem no doubt with having to buy gas ,oil etc from abroad the very fact that a reckless decision to sell of every thing that could be sold under the Thatcher years is now plainly back firing in everything we need to make a living these days
Germany are building 7 new coal fired power stations to solve there energy problems for the future needs they also kept there mines and steelworks in state hands successive governments from the eighties on wards have had time to build power stations and now the day gets closer and all we have had is blaming each other not the private power companies who would sooner pay there share holders than invest in power stations
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