Energy companies competition

Evan3020

Then suggest the alternatives, we are listening.

DE_612183

Nationalisation would not reduce the prices, but in fact the amount of money required to "buy back" the energy companies I would think would run into several billions of £'s - to raise that the government would either have to borrow or raise money ( via tax or cuts ) - either way would not be good for the customers....

[Deleted User]

BUFF said:

[Deleted User] said:

A politician made the point this morning about Water. He opined that privatisation wasn't perfect but there has been considerable investment in the infrastructure that Governments might not have been willing to pay if there were higher priorities for public spending.

Scottish Water is still "nationalised" yet has continued to invest (& above the level of the "average" water company) in it's infrastructure

It’s tiny at a valuation of £1.7Bn. Severn Trent Water is valued at £7.49Bn. It is an academic debate anyway as the re-nationalisation of English water would cost 10s of £Bn and take years. The only winners would be the brigade of lawyers pouring through the mountain of paperwork.

Evan3020

Scotland is a socialist state attached to a capitalist England, though I sometimes think Ms Sturgeon makes policy to annoy the English rather than any other reason
Who really pays for investment in Scottish water?

BUFF

Dolor said:

BUFF said:

Dolor said:

A politician made the point this morning about Water. He opined that privatisation wasn't perfect but there has been considerable investment in the infrastructure that Governments might not have been willing to pay if there were higher priorities for public spending.

Scottish Water is still "nationalised" yet has continued to invest (& above the level of the "average" water company) in it's infrastructure

It’s tiny at a valuation of £1.7Bn. Severn Trent Water is valued at £7.49Bn. It is an academic debate anyway as the re-nationalisation of English water would cost 10s of £Bn and take years. The only winners would be the brigade of lawyers pouring through the mountain of paperwork.

I believe that it's the 4th largest water company in the UK so whilst not the largest nor is it tiny. It still doesn't take away from the fact that they have managed to continue investing above the average level - of course nor was it paying out dividends ...

Evan3020 said:

Scotland is a socialist state attached to a capitalist England, though I sometimes think Ms Sturgeon makes policy to annoy the English rather than any other reason
Who really pays for investment in Scottish water?

Pretty much all funded by it's customers albeit it does have a loan facility via the Scottish Govt.