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tweetiepooh · 02-12-2022, 09:45

It seems daft to me that the country gets left with the bill (and ultimately the citizens) if energy companies go bust. Certainly the supply needs to be maintained but it should be treated similarly to any other company going broke. If you are owed money then you join the line of creditors and wait your turn. If you owe money then the administrators will work out payment.
I mean if you took the risk of low bills with some company you should accept the risk and not just the benefits. Those who chose to pay more to a "stable" supplier should now not have to cover the costs of those who didn't and maybe even benefit from smaller price rises.

02-12-2022, 09:45	#1771
tweetiepooh Virgin Media Employee Join Date: Sep 2005 Location: Winchester Services: Staff MyRates BB: VM XXL TV: VM XL Phone : VM XL Posts: 3,130	Re: The energy crisis It seems daft to me that the country gets left with the bill (and ultimately the citizens) if energy companies go bust. Certainly the supply needs to be maintained but it should be treated similarly to any other company going broke. If you are owed money then you join the line of creditors and wait your turn. If you owe money then the administrators will work out payment. I mean if you took the risk of low bills with some company you should accept the risk and not just the benefits. Those who chose to pay more to a "stable" supplier should now not have to cover the costs of those who didn't and maybe even benefit from smaller price rises. __________________ I work for VMO2 but reply here in my own right. Any help or advice is made on a best-effort basis. No comments construe any obligation on VMO2 or its employees.