Friday, 26 June 2009

Electricity prices and Interim Managers

Electricity demand in the UK has fallen 4% - which is the first ever recorded fall in electricity consumption (since at least World War II), according to the BBC - yet my electricity prices have not reduced at all in recent times as far as I know.

Normally when demand falls, prices follow, but apparently not in the world of energy pricing. Maybe it's not really a competitive market after all. But if it is (as the energy companies insist) then they must be very inefficient if they cannot bring prices down, especially since oil prices have halved in the last 12 months.

So, how about the government allowing a team of independent Interim Managers loose on the electricity companies charged with driving down prices for the consumer. They would do what all Interims do and actually get stuck in and work on the front line in the businesses to make things happen- rather than another enquiry by a quango?

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