tag:blogger.com,1999:blog-1141932539860553199.post2591323820440880008..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: That OFGEM Consultation in FullMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1141932539860553199.post-42360679143364175542014-03-28T14:20:40.592+00:002014-03-28T14:20:40.592+00:00I would check OVO. They were £200 cheaper p.a. fo...I would check OVO. They were £200 cheaper p.a. for me (over 10%), and they didn't come up on the price comparison sites I had tried.Hhttps://www.blogger.com/profile/01146808185620364646noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-54683759990372983812014-03-27T19:22:07.176+00:002014-03-27T19:22:07.176+00:00"It's a political exercise to keep the bl... "It's a political exercise to keep the blame on the electricity companies to distract attention from the government having an utterly failed energy policy."<br /><br />and also an exercise in finding something to blame for the rising cost of living that isn't house price inflation.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-13836256120634166342014-03-27T18:34:17.805+00:002014-03-27T18:34:17.805+00:00Be careful with that 5%.
A 5% net profit as a % ...Be careful with that 5%. <br /><br />A 5% net profit as a % of sales seems perfectly fair and reasonable, but you cannot compare that with a 3.5% return on bonds. <br /><br />To get a fair comparison with other capital-intensive businesses, you have to express their profits (plus interest siphoned off to related companies along the way tax free) as a % of the value/cost of real capital they own (pipelines, meters, switches, repair vans etc).Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-23375306881931951572014-03-27T17:32:27.209+00:002014-03-27T17:32:27.209+00:00TS - You are bang on. This is an entirely politic...TS - You are bang on. This is an entirely political exercise to keep the fat entitelments coming in for all those quangocrat wnakers. Apropos of which someone I know well has just had a meeting with the Financial Catastrophe Authority who having made a ginormous cock up with a thing called the RDR are now thrashing about for ways to lay off the blame. You really couldn't make it up. Oh, of course. Ayn Rand did.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-5872847016334707082014-03-27T16:47:04.115+00:002014-03-27T16:47:04.115+00:00Barclay's analyst recently wrote that margins ...Barclay's analyst recently wrote that margins of 2-4% after tax was typical in comparable markets. <br /> You referred to food sales. Typical margins of 4%. Water companies under 2%.<br />They operate at around 5% on sales but 20-24% margins on the generation side in 2011 and 2012. They could be shifting profits made by retail into other areas.Anonymousnoreply@blogger.com