Coop Energy is taking over Flow Energy

brewerdave wrote: »

The first of the dominoes to fall ??

I think it's already happening.

• Firms now implementing standing charges or higher unit prices for the first x amount of energy used which penalises low energy users and small households.
• Smaller firms collapsing, closing their tariffs or offloading customers to another supplier.
• Inflation busting price increases for the remaining firms.

The days of the free market sorting itself out and competing for custom appear to be over. As I fear the idea of saving money by switching suppliers when they either all charge roughly the same amount, the cheaper ones die off or switch you over to a more expensive one. I got switched over to another supplier today because my old supplier appears to no longer be able to make a profit off some of its customers. When I did a price comparison, its pretty much all the same price, just the name that changes and the days of no standing charge tariffs are over.