NPower spits in it's customers faces

taxdodger

Despite a collapse in gas prices of around 50% NPower and the rest of the Cartel gas operators spat in the face of their captive customers and annoucnced sickenly low price cuts. NPower announced just an 8% cut. Which is nothing compare to the 50% it out prices up/



That huge drop in price is a bit more than the 8% they passed on to us isn't it?


A Gas Companies spokesman said, "I'm alright Jack, people have to buy gas so we can charge what we like - I have school fees to pay for my children, and a pension and houses cars and holidays to finance, we don't worry about OFGEM - they are more corrpt than we are - lol!" :rotfl:

1carminestocky

They haven't actually reduced gas at all - the 8% reduction is just on electricity, BTW. Re-arrange these words: companies energy are the p*** just now the taking.

icefall

I am sure I just replied to this thread but in the discussion section

taxdodger

icefall wrote: »

I am sure I just replied to this thread but in the discussion section

You can reply to as many as you like.

andyfuk

Interesting! Where did you get that graph from? I've been trying to find a source but whenever I google anything I just get news that has "wholesale gas price" in it and nothing useful like numbers.

NPower have refused to drop the price of gas because they tell is the wholesale price has gone up over 200% in the past few years..... well yes they are right but now it has gone down too. Can anyone do anything to stop them taking the ****?

Geoffo_M

It's not just NPower - they are all as bad as each other. It won't change until we get an effective regulator. Competition seemed to work in the beginning when there were several small operators around. I was with Amerada and the service and pricing was good. They were swallowed up by Powergen, who were taken over by Eon and it's just been downhill ever since.

housebug

Geoffo_M wrote: »

It's not just NPower - they are all as bad as each other. It won't change until we get an effective regulator. Competition seemed to work in the beginning when there were several small operators around. I was with Amerada and the service and pricing was good. They were swallowed up by Powergen, who were taken over by Eon and it's just been downhill ever since.

Hear, hear.

NowThenAgain

An oligopoly operating as a cartel is not competition.

I was shocked a few weeks ago when I saw on the news that the energy companies had just come out of an annual meeting and said that bills might go up towards the end of the year?!

There's not even any attempt to hide that they are operating as a cartel.

Unfortunately, this is a problem across several sectors in the UK. The supermarkets are another classic example. Weak regulation.

stewie_griffin

Geoffo_M wrote: »

It's not just NPower - they are all as bad as each other. It won't change until we get an effective regulator. Competition seemed to work in the beginning when there were several small operators around. I was with Amerada and the service and pricing was good. They were swallowed up by Powergen, who were taken over by Eon and it's just been downhill ever since.

The reason their prices seemed good was because they were making massive losses and ended up going bust. all their customer accounts were then passed on to Powergen. Similar things happened with a lot of the smaller suppliers such as Economy Power.

Pink_fluff

Did they really spit in your face. I'd be writing a letter of complaint.

taxdodger

Pink_fluff wrote: »

Did they really spit in your face. I'd be writing a letter of complaint.

I will be turning up at their AGM in person to spit back