Good about a year ago, the price of my gas and electricity went down but my standing charge went up enough that I ended up paying more. Then again, I’m sure they’ll just find another way to screw you.
I remember when my energy company went public. Literally the next bill was double. Supposedly they separated the delivery charge and a few other charges from the energy usage, at least that’s what they told me. I had several computers running 24/7 and it was costing more to GET the power than I was using. Then a few years later they decided to do “time-of-use” billing with 3 different charges depending on time of day. Yeah, they will screw you at every opportunity
Of course they will, this is definitely a step in the right direction, but I’m not fooling myself into thinking what ever tariff they conjure up is going to be substantially cheaper.
Energy provision should never be for-profit, it should offer what is a necessity for people at the markets unit prices plus any maintenance/development on top.
No, non-profits still have overheads such as fixing their buildings they run out of and if they provide a service then building additional infrastructure to provide more of it.
That is not profit.
Profit is charging more than your costs so that you have a positive balance afterwards outside of the overheads which can be withdrawn.
When I say profit I mean money going to shareholders. The money made should be kept within the business (where possible) to fund its maintenance and development.
Good about a year ago, the price of my gas and electricity went down but my standing charge went up enough that I ended up paying more. Then again, I’m sure they’ll just find another way to screw you.
I remember when my energy company went public. Literally the next bill was double. Supposedly they separated the delivery charge and a few other charges from the energy usage, at least that’s what they told me. I had several computers running 24/7 and it was costing more to GET the power than I was using. Then a few years later they decided to do “time-of-use” billing with 3 different charges depending on time of day. Yeah, they will screw you at every opportunity
Of course they will, this is definitely a step in the right direction, but I’m not fooling myself into thinking what ever tariff they conjure up is going to be substantially cheaper.
Energy provision should never be for-profit, it should offer what is a necessity for people at the markets unit prices plus any maintenance/development on top.
Would the ‘maintenance/development on top’ not be called profit?
No. Profit is what’s left after all costs have been accounted for.
No, non-profits still have overheads such as fixing their buildings they run out of and if they provide a service then building additional infrastructure to provide more of it.
That is not profit.
Profit is charging more than your costs so that you have a positive balance afterwards outside of the overheads which can be withdrawn.
When I say profit I mean money going to shareholders. The money made should be kept within the business (where possible) to fund its maintenance and development.