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No they couldn't have. The electricity companies aren't really making more money than normal, they're paying insane rates to import fossil fuels.
by colinmhayes 4y ago
No they couldn't have. The electricity companies aren't really making more money than normal, they're paying insane rates to import fossil fuels.
- olddustytrail 4y agoYes, they really could. We're not talking about your energy supplier company, we're talking about electricity producers and fuel suppliers (oil and gas companies). Different set of companies and they are indeed raking it in.
- IshKebab 4y agoEnergy suppliers are just middlemen and are making huge losses due to the price caps, but energy generators are making loads of money. (At least in operating profit; some - but not all - have had huge losses from writing off their Russian operations.)