We have known about excessive profits for years. Year on year we saw companies making billions in profits and then hiking their prices again just months later... I have not always agreed with my Party that Ofgem should be abolished, but my faith in them has hit rock bottom. I have to ask myself why this has not been done sooner.
For a company so egregiously engaged in deception on a mammoth scale, SSE have got off almost scot-free in financial terms, and they and their peers know it. Ofgem levied a penalty equivalent to just 0.5% of SSE's annual revenues, demonstrating again quite how toothless and ineffectual the regulator remains.
Energy is the most important issue in the world today and it's getting more important every day. We are living through a period of explosive population growth that will see at least another two billion people added to the global population - currently standing at 7.1 billion - over the next 20 years.
I have recently changed my energy supplier after staying loyal to one of the 'big six' for years. It's not that the supplier needed changing because of a gross lack of quality but, at the same time, I didn't just stay with them because they were particularly great. No, the real reason I changed is because I realised there is an alternative.