Reply to post: Re: huge loan that further benefits the energy companies

Bye bye BoJo: Liz Truss named new UK prime minister

Mooseman Silver badge

Re: huge loan that further benefits the energy companies

"Energy producers are charging energy suppliers record high bills to generate record excess profits. Clearly energy suppliers are acting as gatekeepers and profiting from it."

No, that makes no sense. Energy suppliers are passing on at east *some* of their costs to the consumer - businesses with uncapped energy costs are paying full price. Energy *producers* are making the huge profits, not the suppliers - they aren't profiting from it, most of the surviving ones run at about 5% profit at the best of times.

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