• thr0w4w4y2@sh.itjust.works
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    1 day ago

    electricity supply is regulated in the UK to the extent that companies cannot make money while fully complying with Ofgem rules, that have matured over the past 40 years or so.

    They will either make no profit at all, or end up paying the regulator large fines all the time. I’m fine with this.

    • GreatAlbatross@feddit.ukM
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      13 hours ago

      Or in true shit company fashion, promise to follow the rules, not follow them, then sue/petition the various bodies that they can’t make money unless the rules are removed.

      • thr0w4w4y2@sh.itjust.works
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        2 hours ago

        cool but then all the energy companies will be able to do that, so they will:

        • enable a much more competitive market for everyone else
        • still have huge investments to make to get a seat at the table
        • struggle to win business because their brand is trash