Progressive Energy Tariffs

The British, say the British, have a talent for compromise. This talent for compromise is an over estimated quality; compromise can often be a mechanism for arriving at a solution which encompasses the worst of all possible worlds.

When energy was de-nationalised in the United Kingdom it was done so in order to promote free competition which it believed would drive prices down. But free competition is a consummation devoutly to be wished and rarely achieved, because the freely competitive energy companies would inevitably exploit their quasi-monopoly. They are businesses, not charities. Continue reading