Next, it would do away with the ridiculous electricity unit pricing that sees the rate set at the cost of the most expensive generation method (this would remove most of the problem we're seeing currently).
That is decided by the regulator not the retailers you are privatising
Then it could properly channel money/investment and effort into renewables that would help the country achieve net zero targets and reduce our reliance on fossil fuels (particularly from insane dictatorships).
That is done by the generators, not the retailers you are privatising
Your £2,9bn is buying you admin and billing and not much else
If you nationalise energy, then you are the regulator. I mean, the government could do it now without even nationalising energy. It won't because it wants a 'market'. Nationalisation would take away the need for the artificial market.
That is decided by the regulator not the retailers you are privatising
That is done by the generators, not the retailers you are privatising
Your £2,9bn is buying you admin and billing and not much else