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Government refusing to increase the cap and nationalise failures is the way to go
What is the use in that? A bankrupt energy supplier (e.g. Bulb) is of zero value, probably deeply negative if you honour long-term fixed tariffs properly. It's not like you would transfer any productive generation assets to the State.
NickCJ
Grumpy_Git
That's not really a solution, it's profits for the boys.
The banks will make a return on investment based on customer bills and the energy companies can rub their hands at the price cap increase making them mucho money, on customer bills and a tidy loan (paid back with customers money)
Government refusing to increase the cap and nationalise failures is the way to go. If the energy companies want banks to finance them then take a fucking private loan you bastards not a state funded one.