Energy costs: would you get behind this?

Original post by mathperson

Bump

This is what's known as a "public utility" and we used to have them before Margaret Thatcher.

(edited 4 months ago)

Original post by artful_lounger

This is what's known as a "public utility" and we used to have them before Margaret Thatcher.

So would you back this?

Whilst it seems like a good idea what would be the cost of repaying all the shareholders? Where would that money come from....higher taxes maybe!

Whilst it seems like a good idea what would be the cost of repaying all the shareholders? Where would that money come from....higher taxes maybe!

I believe you have fundamentally misunderstood.
This isn't an attempt to nationalise the utility companies.

Original post by mathperson

I believe you have fundamentally misunderstood.
This isn't an attempt to nationalise the utility companies.

Yes I got the wrong end of the stick. So it would pretty much be a not-for-profit organisation. Like the lottery should have been.

Yes I got the wrong end of the stick. So it would pretty much be a not-for-profit organisation. Like the lottery should have been.

Think more along the lines of profit for purpose.
Profits made after overheads have been paid will go towards long-term support of local initiatives.

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