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instead we have spent £2bn+ of our money keeping Bulb on life support
That cash is mostly going straight back to consumers to honour fixed-rate tariffs and keep their bills down... I thought that's what people wanted?
NickCJ-
I'm on bulb, the rates went to the top of the price cap as soon as they could. There was no fixed rate options when I joined which would be about 3 years ago now and AFAIK were never offered after?
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They could of nationalised it, instead the Government are left holding a business that no one want's to buy but stuck pumping money in to hold it in zombie mode, Government rules also mean Bulb aren't allowed to hedge currently so they are now even less attractive to buy and are costing the tax payer more than they should to administer
Yukirin
greentricky
Lol, thats what anyone sensible would do, instead we have spent £2bn+ of our money keeping Bulb on life support
Within the constraints of a Tory government who are arguing for stronger market forces to improve our living standards, I think the proposal to allow end users to spread the cost of the current high prices over a longer period with a government backed loan is a pragmatic solution