If I understand this correctly…

If you used one of the 20 odd other suppliers who went bust you were placed with someone else on their variable tariff which is basically at the price cap and “it’s pointless trying to change”

But because blub is “too big to fail” the government are using your tax revenue (probably from the extra VAT that they get from people on the higher tariff) to prop them up and ensure that they don’t go bust and their customers still remain on the lower tariffs which caused them to go bust. Plus as an added bonus if they still run out of money they will give them more.

So the consumer is only protected if they were with one of the big companies which have been scamming them for years?

I’m old enough to remember Thatcher turning on the valve for North Sea gas and proclaiming that our energy problem was solved!

Posted By: Ruttles on November 25th 2021 at 09:26:20

Message Thread

Blub off (General Chat) - NxNW, Nov 25, 07:08:04
- If I understand this correctly… (General Chat) - Ruttles, Nov 25, 09:26:20
  - consumer is protected either way (General Chat) - CWC, Nov 25, 11:06:48
  - Aren't Bulb just being fucked over by the price cap? (General Chat) - Ben, Nov 25, 10:49:36
  - Politically more important to save bulb as its renewable energy ? (n/m) (General Chat) - loz, Nov 25, 09:47:10
    - It is too big for the more stable suppliers to absorb (General Chat) - watfordcanary, Nov 25, 11:02:21
    - other green providers have been let go (General Chat) - CWC, Nov 25, 11:01:50
      - The larger companies have bought ahead for the Winter based on their forecast of customers (General Chat) - watfordcanary, Nov 25, 11:06:16
    - Or is a minister mates with someone that has a vested interest in keeping them afloat? (n/m) (General Chat) - NxNW, Nov 25, 09:55:14
  - We've been switched to British Gas after our supplier was one of the first two which went (General Chat) - NxNW, Nov 25, 09:37:47
    - We're in the same boat even though our supplier was "funded" by BP (General Chat) - Ruttles, Nov 25, 11:49:54
- kwarteng is a cunt (n/m) (General Chat) - earthleakage, Nov 25, 07:12:05

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