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Power to the people

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....quite literally

Looks like it may well be time for the energy companies to discover the true nature of a 'free' market
I'd heard of this, thought it was limited to 100,000 consumers only?
Wonder why local Councils don't start something like this? After all they must have big energy bills of their own, they know how many households in their area and can canvas the occupiers quite easily.
Eg. If all the Tyneside Councils got together. Say 1,000,000 people on Tyneside so estimate 330,000 households all paying @£1,000 per year for energy. Therefore revenue @ £330,000,000 (what's that 1/3 Billion?) plus Councils own fuel bills.
Some leverage on that lot if they approached a supplier.
John
I have seen something similar with petrol prices...............and the people did not band together so the companies won again. The people have the power...........they are just too lethargic to use it
Dave_Notts
Signed up. I'll show my arse on the Town Hall steps if this results in anything significant, but I'm willing to put my name to it anyways. Interesting that the Govt has said it will look at energy costs and put pressure on the suppliers to give customers a better deal. I thought the whole point of privatisation and a free market was precisely that in the first place? Odd. confused
Quote by neilinleeds
Signed up. I'll show my arse on the Town Hall steps if this results in anything significant, but I'm willing to put my name to it anyways. Interesting that the Govt has said it will look at energy costs and put pressure on the suppliers to give customers a better deal. I thought the whole point of privatisation and a free market was precisely that in the first place? Odd. confused

Hang on, I thought you were "Neilinleeds"..............not "Naiveinleeds" !!
John
Quote by Dave__Notts
I have seen something similar with petrol prices...............and the people did not band together so the companies won again. The people have the power...........they are just too lethargic to use it
Dave_Notts

shame really dave as a lot can be achieved if people got off their arse and did something about it and im not sure people realise just how much prices would come down
Option 1 .... don't sign and have no chance of reducing your fuel bills and 'sticking it to the man'
Option 2 .... sign and possibly reduce your bills and take part in a victory for the common man over the intransigent blank stare idiocy of the corporate monster
It seems like a no-brainer to me
Quote by Geordiecpl2001
Hang on, I thought you were "Neilinleeds"..............not "Naiveinleeds" !!
John

Wot? Are you suggesting I've been lied to? They wouldn't do that, would they? confused
Anyways, I've had a few variations on Neilinleeds now. Naiveinleeds is no worse than some of the others, and probably quite accurate. I've said as much meself before now so I'll allow that and add it to the list. lol ;)
Quote by neilinleeds
Signed up. I'll show my arse on the Town Hall steps if this results in anything significant, but I'm willing to put my name to it anyways. Interesting that the Govt has said it will look at energy costs and put pressure on the suppliers to give customers a better deal. I thought the whole point of privatisation and a free market was precisely that in the first place? Odd. confused

I look forward to seeing the pictures .... average estimated savings £117 my estimated saving £128 (that's annually b.t.w.)And with my limited budget that is significant lol
We submitted our energy figures and got a quote from these people which indicated that the "Co-operative Energy supply" had won the reverse auction and we could save about £166 per year on dual fuel if we swapped to them from British Gas. Price fixed to July 13.
I did a search on a price comparison webite and found I could save as much as that by going with someone else and get £15 cashback for doing it, again price fixed to July 13.
Did some more searching and found EDF would do as good a deal with the price fixed to Sept 13 and various other incentives, so have switched to them.
So maybe this group action spurred other companies into doing good deals, I don't know, but it prodded me to actually change (albeit not to them) instead of staying with BG as I have always been.
John
Quote by Geordiecpl2001
We submitted our energy figures and got a quote from these people which indicated that the "Co-operative Energy supply" had won the reverse auction and we could save about £166 per year on dual fuel if we swapped to them from British Gas. Price fixed to July 13.
I did a search on a price comparison webite and found I could save as much as that by going with someone else and get £15 cashback for doing it, again price fixed to July 13.
Did some more searching and found EDF would do as good a deal with the price fixed to Sept 13 and various other incentives, so have switched to them.
So maybe this group action spurred other companies into doing good deals, I don't know, but it prodded me to actually change (albeit not to them) instead of staying with BG as I have always been.
John

The £128 saving is from EDF ... but the big switch were the ones that told me about it