Coolcats
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- Jan 24, 2019
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Spot on, our current system though is about maximising profit for companies which we allowed overseas investors to own.Why is it so expensive? We are a small country with a large population in cities only a few tens of miles apart. The National Grid does not have to run its power lines as far between cities as in France, Germany, Spain etc. The Generation companies have access to wind, hydro, solar, nuclear and gas powered stations. I am sure it is down to tax on the supply and the need to provide profit for shareholders. With our advanced industrial capabilities we should be able to run the industry efficiently to serve the nation, not just fat cats in foreign lands.
The privatisation of certain industries as we have seen does not lower the cost to the consumer which for some industries were one reason they were nationalised in the first place.