How privatised energy companies make money vs. a proper business
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Loading... - Henry Aoko
- 29 Sep 2022
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Wondering why the country has privatised energy companies when they are so terrible? Here is how they compare with a real business that does not screw over its customers.
Real business: We invest in R&D to create new products people want to buy.
Privatised utilities: We don’t invest in anything, including the basic things our business needs to operate, eg. water pipes and reservoirs. Who gives a shit if the public is surviving on a cup of water a day? They can still pay their bills if they’re not actually dead.
Real business: We increase profits by finding new markets and cutting unnecessary costs.
Privatised utilities: We just increase prices yet again. We can’t raise prices indefinitely, but we’re going to have a bloody good try. If you’re finding it difficult to pay your extremely high gas or electricity bill, we offer a service known as ‘bailiffs’.
Real business: We provide reasonable customer service to encourage customers to come back.
Privatised utilities: Customer what? Why should we be bothered if you’re in a phone queue for two hours that suddenly disconnects you? Who’s going to tell us off? Governments who are full of rabid free-market ideologues and all support privatisation? Hahaha. Yeah, right. Read More…
