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Stoneberger t1_ivffaz6 wrote

I don’t think this is complicated. Nat grid is using the war in Ukraine to justify speculative price increases for the power. If it does not turn out to be a 64% increase they will pocket the money and barely readjust keeping the rate artificially high, just like the mega corps cashing in on “rampant inflation”. Just wait until next year when profit margin increases 70% for huge corporations who are making food, ect…. They will all say “what??? “ not us, it’s higher demand not increased prices. We are fucked because the government has become non-functional due to partisan hackery. Bring in the moderates already, make a centerist party and book these pos extremists on both sides… Power rates fixed

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Illustrious-Nose3100 t1_ivflkkt wrote

This is simply false. If national grid over collects this year then they will have to cut prices price next year by the amount they over collected. They simply DO NOT get to keep the extra profits if it turns out they over estimated the cost of gas one year.

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Stoneberger t1_ivgfrg5 wrote

You must work for grid… I’m sure you’re right.. but there is a reason literally everyone not building or collecting a pension from Nat grid Fkn hates them.

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Illustrious-Nose3100 t1_ivggqi9 wrote

I do not nor have I ever work for a utility company, but I do pay the same utilities as everyone else in the commonwealth. Thanks for trying though.

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closerocks t1_ivfjm5h wrote

Never forgets, inflation may be at a 40 year high, corporate profits are a 50 year high.

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