• The post you are reporting:
   
  I was against the selloff of the Gas and Electric Boards but would not want to go back to them days, however Barry you may be right about competition being a wonderful thing, but is it not to keep prices down and give us choice. With the energy suppliers one puts the price up the other all follow within a few weeks, you change supplier because that one is cheaper and within a short time along comes the letter through your letterbox saying sorry the price has gone up.
  
  Only two weeks ago I had British Gas knocking on my door telling me they were the cheapest supplier and how they had reduced their prices (don't they all say that) and then here we are with up to a 25% hike.
  
  There should be stronger regulations in looking at the profits these Companies make and making them freeze prices when they make vast profits and making them reduce them when their purchasing price drops.
  
  Competition only works if it is what it says on the tin, "competitive", when they all follow each other with the price it kills it and confuses the consumer.

Report Post

Your Name

Reason