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British Gas sees profits rise 98% in first half of year
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Author:  phantombudgie [ Wed Jul 28, 2010 2:27 pm ]
Post subject:  British Gas sees profits rise 98% in first half of year

From the BBC

Quote:
Gas use was 8% above 2009, and the company has added 400,000 more residential customers since then...
...Customers' bills, despite the very cold winter, were actually lower this year than they were for the corresponding period last year, and that's because we've reduced our prices three times in the last twelve months by some 17%.


Wow. Down 17%. That's impressive considering that natural gas prices are 65% lower than July 2008... anyone wondering why they're printing money?

Author:  Amnesia10 [ Wed Jul 28, 2010 5:05 pm ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

One of the impacts of a poorly regulated market.

Author:  mikepgood [ Wed Jul 28, 2010 7:35 pm ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

Don't you just love it.

Author:  Amnesia10 [ Thu Jul 29, 2010 1:14 am ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

mikepgood wrote:
Don't you just love it.

It did not have to be this way. :oops:

Author:  big_D [ Thu Jul 29, 2010 7:55 am ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

Using oil, living in Germany and having BG & Centrica shares to get rid of... Sounds good to me :twisted:

Author:  snowyweston [ Thu Jul 29, 2010 8:12 am ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

That'll be because wekeep paying hand over fist.

Author:  big_D [ Thu Jul 29, 2010 8:45 am ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

snowyweston wrote:
That'll be because wekeep paying hand over fist.

We also had an incredibly hard winter! We used an unbelieavable amount of oil over the winter, even accounting for us not having heating for nearly 2 weeks and us not moving in until the end of January! 7/8 of the oil we burnt this year was between February and March!

Author:  snowyweston [ Thu Jul 29, 2010 9:01 am ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

big_D wrote:
We also had an incredibly hard winter!
Well I'm practically on my third summer in a row! Yes, I had my foster-flatmate look after the bills in my absence, but that's not to say I've not spent my share on questionable gas bills before that.

Author:  Amnesia10 [ Thu Jul 29, 2010 9:21 am ]
Post subject:  Re: British Gas sees profits rise 98% in first half of year

Well if it gets colder this year I might resort to this.

http://www.lippiselkbag.co.uk/

the one off cost might more than slash my gas bills. ;)

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