Sunday 12 October 2014

INDIFFERENT, INCAPABLE OR UNWILLING…

That cold nip in the morning is a reminder that winter is coming; as the evenings draw in and days get colder we should prepare ourselves for the annual energy company price hike. I have no doubt that the big energy cartel members, known collectively as the ‘big 6’, will take advantage of the relative lack of regulation to raise their prices to rake in the cash at our expense once again.

Sadly this state of affairs is something that we have all become used to with an effectively unregulated energy market and little action beyond weak weasel words from successive Labour or Conservative / Liberal Democrat Westminster governments. This winter, as previously people will be put into a situation where they have to make a stark choice between heating their homes and putting food on the table.

The Westminster elite is perhaps more focused on employment activities within the energy and banking sectors after they cease to politicians than stepping up to the mark to ensure proper regulation of the energy market and some degree of protection for the rest of us hard-pressed energy customers. Westminster is indifferent, incapable or simply unwilling to deal with this problem.

We need a Welsh national energy company, an Ynni Cymru to break the stranglehold of the Big Six energy cartel members on the energy market. Wales needs a ‘not for dividend profit’ company as with Glas Cymru works within our water industry. 
This would ensure that customers come before shareholders dividends (and the City) and that all the profits would be reinvested back into the energy sector in our country. This would ensure that Welsh families, households and small and larger businesses get a good deal on their energy and our country will end up with secure sustainable energy supplies.

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