Can Ovo really be trusted?

Richie-from-the-Boro

Half the public are 'stickies' and never switch. Most of this group will be of the older generation I assume - this AP finally had enough of the price rises and did something about it.

............ just click the blue button to agree !

MillicentBystander

Oh, what a surprise that we have a thread on OVO made by industry shills (and in the case of one poster someone who can't quite remember who he works for in the industry from one day to the next). I don't think it's just the energy industry that requires cleaning up, it's also this forum.

I'll make it clear, I'm not an OVO 'stan' but Fitzpatrick did lay bare the industry today. And I'm sure the word has gone out to discredit him on forums like this one. It's about as subtle as a flying mallet.

Richie-from-the-Boro

MillicentBystander wrote: »

Oh, what a surprise that we have a thread on OVO made by industry shills (and in the case of one poster someone who can't quite remember who he works for in the industry from one day to the next). I don't think it's just the energy industry that requires cleaning up, it's also this forum.

I'll make it clear, I'm not an OVO 'stan' but Fitzpatrick did lay bare the industry today. And I'm sure the word has gone out to discredit him on forums like this one. It's about as subtle as a flying mallet.

- I sat through the whole 1st half - all the way
- I thought Fitzpatrick cut through the 'flim-flam' of the big 6

With all that Fitzpatrick said against the big 6, not one of the big pay - big hitter - big six execs made even one contradiction to anything Fitzpatrick levelled against them. That lack of capacity to disagree by the big 6 to me spoke volumes to fact & truth of Fitzpatrick and his clarity of delivery.

footyguy

MillicentBystander wrote: »

Oh, what a surprise that we have a thread on OVO made by industry shills (and in the case of one poster someone who can't quite remember who he works for in the industry from one day to the next). I don't think it's just the energy industry that requires cleaning up, it's also this forum.

I'll make it clear, I'm not an OVO 'stan' but Fitzpatrick did lay bare the industry today. And I'm sure the word has gone out to discredit him on forums like this one. It's about as subtle as a flying mallet.

I created this thread.

I'm not sure what you mean by an industry shill, but if you are referring to me, would you care to explain further please?

My only connection with the industry is as a customer.

As for someone having some sort of split personality, well ... :cool:

http://forums.moneysavingexpert.com/showpost.php?p=39869922&postcount=804

Pot, kettle, black?

ollski

andy_spoo wrote: »

These companies pay there share holders dividends. Also, they class massively over paid directors wages as "costs". Apple, the worlds richest company, pays it's share-holders 'squat'. There is also no reason why a public company can't employ the same people as a private company.

But I believe apples profit margin is around 37% rather than the energy companies 5% due to the never ending stream of morons who need 3 extra pixels on their screen every 6 months while they freeze their bits off moaning about the cost of 'essentials'. Dividends attract investors which in turn help to keep bills lower.

joncombe

matelodave wrote: »

The unions would be rubbing their hands with glee as they'd have us by the short & curlies again. Have you noticed how its still the public sector that still have the strike mentality, give them back the energy industry and we'd be well and truly stuffed.

I assume you never travel by train? With the exception of East Coast, all the train operators are private, but there are still fairly regular strikes.

joncombe

andy_spoo wrote: »

Germany shows the way (search google for germany-breaks-world-solar-power-generation-record-july-2013-51-twh-leaves-us-dust).

I'm not disagreeing with you here, this is a genuine question! Presumably they can't generate electricity from solar at night/after dark. So I presume they must have many power stations to provide power at night (unless they have huge banks of batteries somewhere?). I think this is the problem with solar, it can't generate power at night. So you need something else which means you still have the cost of building and maintaining power stations even though you don't have to run them (or all of them) 24x7.

andy_spoo

More yes. But what you going to cook in with. No gas, no electric? And there is no point having food if you die from the cold. Ask the tramps that die from cold each year....oh you can't... they're DEAD!

Deaths from cold 'to hit 2,500' = (System won't allow me to add a link). Search google for Deaths-cold-hit-2-500

Bluebirdman_of_Alcathays wrote: »

Food is much more essential than Electricity. Nationalise Tesco? They make much more profit, both in gross terms and per unit, than any energy company

andy_spoo

Actually, they spend money on things like home insulation, cavity wall insulation, etc., because they are required to reduce there CO2 output. It's cheaper for the companies to pay for home insulation, or to subsidise it and class this as a CO2 reduction than to modify power-stations. They do it to save money. I work for the UK's biggest insulation company.

Joyful wrote: »

I think the smaller suppliers can get away with increasing their costs by less as they do not have to contribute to the Green and ECO schemes or if they do it will be a fraction of the cost to the big 6. Most of them are also not forced to take part in social initiatives such as the Warm Home discount. I believe they have to have over 250,000 to be included in the latter.

andy_spoo

They sell power from the generating capacity that you mention at a profit. Including making profit from smaller companies. The profit pays for the generation. It's how every NORMAL company works. They also need to reduce or stop dividend payouts to shareholders if they need more money.

flyingjock1 wrote: »

Another factor is that the smaller companies dont have to reinvest profits in order to build/maintain/replace aging gas/electric infrastructure. All they do is buy the product and sell it on at a profit with hardly any overheads.