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Former energy salesman of 10 years at large energy company.

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  • MoneyMon555
    MoneyMon555 Posts: 141 Forumite
    100 Posts Third Anniversary Name Dropper
    Thanks for coming on here and speaking up, but to be honest nothing you could say would surprise me about the practise of big business and the lack principles they might have. 

  • Chrysalis
    Chrysalis Posts: 4,724 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    He is right the big companies which magically are surviving this so called impossible situation where they forced to sell below wholesale rates do actually pay significantly in advance for supply.

    Same way they now preventing operators from advertising variable DD, they are a business who exist to make money.
  • Armengar
    Armengar Posts: 223 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I used to work at the other end for National Grid (as was) in Penwortham, I used to see the generation and grid aspects with the power station bidding.

    That was in the day we actually had surplus and imported not as much.  The only major worries back then was heysham or wylfa being down for maintenence as they were the backbone of cheap power.

    This area was pretty clear cut as it was a bid to the bottom. except dinorwig of course, they would print money and were used a lot.  then again wind power was a tiny fraction back then.
  • Just wait till the energy companies post their profits. They will be huge.
    The narrative that they are struggling is false.
    Some smaller cash grab when times are good supplier's folded but the CEO's walked away with plenty of cash as they always do.
    That sets a narrative that the big 6 need to ramp up things like standing charges to double.

    The main thing I blew the whistle on though, as profiteering is not really a shock to a salesman.
    Was the place i worked for for at least 3 years was posting false profits to the stock market because we were doing
    deals which were not going to make the money we were saying as they were empty properties.

    Rough idea is an empty factory we'd place on 3 year high rate contracts, so its empty so no usage but we used the year of trading usage.
    It meant a sale which said would generate say 200k which in fact would generate barely anything.

    Post the figures to the stock market and shareholders and makes everyone look really good.

    Mix in proper sales anyway so there is actual revenue and its golden from the salesman, manager, right to the top.

    I blew the whistle, they tried to pay me off, in the end they destroyed me mentally.

    It makes me laugh when people say stuff like 
    "well it is a disgruntled ex employee, of course they will say bad stuff"

    Actually it really because disgruntled people tend to be the only ones in an organisation that will tell the truth, however dirty.
  • ODEN33
    ODEN33 Posts: 20 Forumite
    Second Anniversary 10 Posts Name Dropper
    secretenergysalesman Let me share something with you. Some people can not be saved. Just say your mind and keep peace.
    The whole energy scam will continue for ever, some people will never understand
  • buythedip
    buythedip Posts: 104 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    You were selling fixed price contracts. Obviously you couldn’t reduce rates?
  • Tranboy
    Tranboy Posts: 165 Forumite
    100 Posts Third Anniversary Name Dropper
    I think contacting BBC2 Newsnight programme and giving them all your knowledge would be better so a greater amount of people can hear about this , more than you can reach out to on here.
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