| So, why not with other suppliers then? Bulb handed £1.7bn to keep 11:23 - Nov 25 with 724 views | homer_123 |
trading with a view to being rescued.
"The company is three times larger than any other energy supplier that has failed in recent years."
Hmmm, not a level playing field then....
https://www.bbc.co.uk/news/business-59409595 |  |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:44 - Nov 25 with 668 views | Steve_M |
The short answer is that they are too big for the rest of the industry to reasonably absorb their customers at such short notice.
If a supplier has forecast their demand and both forward purchased energy and hedged those purchases then it is expensive to suddenly increase that demand, especially going into the seasonal peak of demand. |  |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:48 - Nov 25 with 657 views | Vaughan8 |
| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:44 - Nov 25 by Steve_M |
The short answer is that they are too big for the rest of the industry to reasonably absorb their customers at such short notice.
If a supplier has forecast their demand and both forward purchased energy and hedged those purchases then it is expensive to suddenly increase that demand, especially going into the seasonal peak of demand. |
Yes I heard this. I think the others have been moved to another (one) supplier, but Bulb are too big to do this. |  | | |
| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:54 - Nov 25 with 650 views | homer_123 |
| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:44 - Nov 25 by Steve_M |
The short answer is that they are too big for the rest of the industry to reasonably absorb their customers at such short notice.
If a supplier has forecast their demand and both forward purchased energy and hedged those purchases then it is expensive to suddenly increase that demand, especially going into the seasonal peak of demand. |
Yes, hence my pulling out the fact they are three times bigger than others that have gone under.
Still, goes to show that it's not really a functioning market. | |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:57 - Nov 25 with 645 views | Darth_Koont |
Middleman gets £1,000 per customer to prop up an unsustainable profit model. From the taxpayer in order to protect an essential utility the middleman isn’t even supplying themselves ...
Ludicrous situation really. |  |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 13:58 - Nov 25 with 475 views | BlueNomad |
Nationalise the industry! |  | | |
| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 13:59 - Nov 25 with 463 views | jeera |
| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 11:57 - Nov 25 by Darth_Koont |
Middleman gets £1,000 per customer to prop up an unsustainable profit model. From the taxpayer in order to protect an essential utility the middleman isn’t even supplying themselves ...
Ludicrous situation really. |
Nice work if you can get it.
Something fundamentally wrong here isn't there. |  |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 14:00 - Nov 25 with 458 views | factual_blue |
| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 13:58 - Nov 25 by BlueNomad |
Nationalise the industry! |
Bulb is, at present, de facto nationalised. |  |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 14:01 - Nov 25 with 456 views | Keno |
Maybe a couple of Tory ministers have friends on the board? |  |
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| So, why not with other suppliers then? Bulb handed £1.7bn to keep on 14:23 - Nov 25 with 417 views | BanksterDebtSlave |
"Too big to fail, too small to succeed." Still seems to be the mantra! |  |
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