Oh jake, I think the BNP made a similar point abot those pesky foreigners in their Energy Analysis.
For many years the privatisation of our energy industry was seen as a good thing. In April 2000, all 19 million domestic customers were free to choose their gas supplier, something which offered huge savings and a relief for many to escape the appalling British Gas monopoly. Of course prices have risen in recent times, but this would have occurred no matter who was supplying it to our homes. The free market and domestic competition gave us choices that we didn�t have previously.
Since the electricity market was opened up to competition in May 1999, 11 million out of the regional electricity companies� 26 million domestic customers have switched away from their old monopoly supplier and the average annual domestic electricity bill has fallen 11 per cent.
Economics?