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#ofgem

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Arguing that #OfGem has been captured by the #energy industry & merely parrots their arguments for an increase in allowable profits, Citizens Advice assets that: 'We do not believe these proposals are in the interest of consumers'!

Like #OfWat it is becoming obvious that OfGem has become the creature of the firms it 'regulates'!

For regulatory #capitalism to work (especially as regarded oligopolistic sectors) the regulator has to be independent of the industry & trusted by consumers...

Not sure what to make of this:

#OfGem is considering 'zonal pricing' which would seen #energy prices differing on the basis of proximity (or otherwise to generation) - essentially abandoning universal service provision for energy & introducing a price incentive to live near(er) locations were power is produced...

This might also include pricing by time-period (the old night-storage heater model) 'encouraging' people to recharge tech or run non-time-sensitive energy-hungry processes over-night.