The Curmudgeon

YOU'LL COME FOR THE CURSES. YOU'LL STAY FOR THE MUDGEONRY.

Saturday, August 23, 2014

Freedom Frozen

Although anxious to lower prices and eager to pass on savings to its customers, the energy cartel has been prevented from doing so by a government policy that hasn't been implemented yet. In a letter to the regulator published in the Murdoch Times, the chief executive of Npower had a squeal about Labour's pledge to freeze energy prices for twenty months, which could have apocalyptic consequences for virtually everything. At the moment wholesale gas prices are down, but the energy cartel cannot lower its prices in case the Milibeing attains power and starts turfing its executives into the street. Under more compassionate circumstances, of course, when wholesale gas prices are down the energy cartel does not lower its prices because it does not feel like it.

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