Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/934/24355

From The Socialist newspaper, 1 February 2017

Energy bill hikes con: nationalise them now!

Nationalise the big six energy companies!

Nationalise the big six energy companies!   (Click to enlarge)

Nancy Taaffe, Waltham Forest Socialist Party

Howlers are magical red letters which appear in the children's stories of Harry Potter. When the characters open these letters they get screamed at by the letter in mid-air.

If any letter howls at you, "I need to be nationalised!" as you open it, it's the dreaded energy bill which arrives on the doormat at the end of a cold, cruel winter.

Energy giant EDF, for example, will raise electricity prices by 8.4% this March. And regulator Ofgem says dual fuel prices rose 15% last year.

Any suppliers which hike their prices are pulling a fast one. Ofgem says they bought most of their gas and electricity 18 months ago, but in light of all the media stories of rising prices and the falling pound, they thought, 'what the hell, we'll cash in.'

Some intend to charge based on the price of energy sold today, not at the cost they bought it for 18 months ago. Of course, they bleat on about 'internal costs' and 'hostile climates', but essentially they see an opportunity to maximise profits. They take a rap over the knuckles from the regulator, at most pay a paltry fine, and carry on.

When energy was first privatised we were told that our ability to switcheroo and shop around would regulate the market. No such thing has happened.

In truth it's a cartel with rampant price fixing, small companies going bust and being swallowed up by the big six, with a regulator about as useful as a chocolate teapot.

Energy is like water: it's essential for human life. It needs to be nationalised, democratically planned, with all incentives for profit removed. The Socialist Party fights for a socialist society, so the working class can all truly own and plan resources for everyone.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 1 February 2017:


Socialist Party news and analysis

No Ban, No Wall: Socialism not Trumpism

Tide of opposition to Trump surges

Fight for our health service!

Super-rich shareholders cause of pension deficits

Babies in poverty are twice as likely to die

Energy bill hikes con: nationalise them now!

Blairite stitch-up in Stoke Central byelection

Manchester metro mayor: How will you fight cuts?

Millwall victory


What we think

Establishment papers over Brexit chasms


Socialist Party workplace news

Government attack on DWP job centres and offices

Vote for Left Unity in the PCS elections

Trade Union Act: Strategy needed to defeat anti-union laws and lead the fightback

Victory: removed Royal Mail workers reinstated

Strike at ABMU Health Board

Workplace news in brief


Trade Unionist and Socialist Coalition

TUSC: To stand or not to stand?


Socialist Party reports and campaigns

Support your newspaper - help us get May Day greetings!

Why I joined: "Things have to change"

Newham council challenged over 1.8 million cut workers' pay

Leicester: libraries fightback

Bristol: Angry meeting discusses tasering of race relations man

Cumbria care home beds under threat

Wallasey Labour 'dispute' escalates

Socialist Students: conference Saturday and Sunday, 11-12 February 2017


Low pay, no way!

End poverty pay now... Get organised!

UK textile workers on 3 an hour!

Slave labour at Sports Direct


International socialist news and analysis

Build 100 days of resistance to Trump's agenda!

Tamil Nadu mass protests against state repression

Bangladesh: 'Hartal' protest against destructive power plant


 

Home   |   The Socialist 1 February 2017   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Energy:

triangleCorbyn's manifesto: An important step in the right direction

triangleTories out! Corbyn can win with socialist policies

triangleTheatre review: Fracked! Political satire skewers frackers

triangle47,000 kids exposed to illegal toxic air

triangleWhat would a socialist food industry look like?

Nationalise:

triangleCuts, profit and bureaucracy lead to 50% rise in mental health deaths

triangle900 carers quit a day - nationalise social care now

triangleTop banks post 67% of profits in tax havens - nationalise the banks!

triangleWhat we saw

Socialist:

triangleSouth-East London Socialist Party: From Militant to the Socialist Party

triangleSouth-East London Socialist Party: The struggle for fighting trade unions

triangleSouth-East London Socialist Party: Art and Revolution

Market:

triangleGlobal finance: Are those storm clouds ahead?

Gas:

triangleGMB union should support anti-fracking campaigners in Fylde

Children:

triangleVictory against 'the biggest single NHS privatisation'

News and socialist analysis

News and socialist analysis

9/8/17

Pay

Striking back against poverty pay

9/8/17

Finance

Global finance: Are those storm clouds ahead?

9/8/17

Mental health

40% of England's psychiatric wards are 'unsafe'

8/8/17

Venezuela

Venezuela shows battle Corbyn would face

31/7/17

Trade union

Government's tribunal fees defeat

26/7/17

Debt

Abolish tuition fees and student debt!

26/7/17

Them & Us

Them & Us

26/7/17

Homelessness

Homelessness and evictions soar under the Tories

26/7/17

BBC

BBC yawning pay gaps revealed

26/7/17

Brexit

Right wing attempts to use single market against Corbyn

25/7/17

PCS

Court victory for PCS and all trade unions

19/7/17

Education

Education cuts: Tories buckling under public pressure

12/7/17

Refugees

G20 betrays refugees created by its own policies

12/7/17

Anti-austerity

This bosses' government must go

12/7/17

Trade unions

The left unions and the Labour Party affiliation debate

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle17 Aug Vital Derby women's services under threat - campaign calls on council...

triangle17 Aug Birmingham bin workers - fighting back wins!

triangle15 Aug US: neo-Nazi violence reawakens resistance

triangle9 Aug Angry bin workers enter fifth week of strike action

triangle9 Aug Young, angry and fighting back

triangle9 Aug Striking back against poverty pay

triangle9 Aug Marx's Capital at 150: an unequalled analysis and critique of...

More ...

triangle17 Aug Worcestershire Socialist Party: Brexit - a socialist programme for leaving the bosses' EU

triangle17 Aug Swansea Socialist Party: Programme of the new left and Marxism

triangle17 Aug Bristol South Socialist Party: The housing crisis and Grenfell Tower

triangle17 Aug Lambeth Socialist Party: Venezuela - the imperialist offensive sharpens

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2