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That’s the beauty. The same company owns both the cheap cost one and can limit the supply just enough to keep the profit maximised. There isn’t an ideal free m
by chgs 2y ago
That’s the beauty. The same company owns both the cheap cost one and can limit the supply just enough to keep the profit maximised.
There isn’t an ideal free market in electricity generation.
- roenxi 2y agoIf the UK has banned all companies except one from supplying electricity then they will without doubt see eye watering prices. But that has nearly nothing to do with the pricing scheme they use and a lot to do with the one company part of the picture.
- chgs 2y agoIt hasn’t, howver the natural state for these companies is to merge and diversify to maximise their profits, and the cost of entry into electicity generation is not like launching a bbc backed startup.