Ofgem 'Invests' While Households Pay More, Again
Ofgem, the UK energy regulator, proudly announces a £28bn push into the grid, a 'first step' in a £90bn program. What kind of 'investment' forces its citizens to directly fund private infrastructure through an additional £108 on their annual bills? This isn't investment; it’s a mandated wealth transfer from average Britons to energy corporations, rubber-stamped by the very body meant to protect
consumers. One might wonder who Ofgem truly regulates: consumers or corporate profits. This financial sleight of hand is classic. Remember how utility privatization in the 1980s promised efficiency and lower prices? Decades later, we're still subsidizing profits while being told it's for 'infrastructure.' How many more times will the public 'invest' in systems they don't own, only to be charged
more for the privilege?