Quote:
Originally Posted by tweetiepooh
It seems daft to me that the country gets left with the bill (and ultimately the citizens) if energy companies go bust. Certainly the supply needs to be maintained but it should be treated similarly to any other company going broke. If you are owed money then you join the line of creditors and wait your turn. If you owe money then the administrators will work out payment.
I mean if you took the risk of low bills with some company you should accept the risk and not just the benefits. Those who chose to pay more to a "stable" supplier should now not have to cover the costs of those who didn't and maybe even benefit from smaller price rises.
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What a silly suggestion. If it worked like this, none of the new start ups would succeed in gaining customers and would inevitably fail- thus reducing competition and allowing the big firms to have sole control the market.
Allowing new start ups to enter the market was one of the reasons why Thatchers Government believed that privatisation would reduce costs for consumers.