Energy Fraud
Is the Government's Energy supply set-up just one giant commercial fraud and national disgrace?
Failing energy firms will cost UK consumers £2.7bn, says watchdog
National Audit Office accuses Ofgem of creating a market ‘vulnerable to large-scale shocks’
"Consumers will need to pay £2.7bn to cover the costs of 28 energy suppliers failing since June 2021, according to the government’s spending watchdog.
The National Audit Office (NAO) said bill payers had “borne the brunt” of the failures and accused energy regulator Ofgem of creating a market “vulnerable to large-scale shocks”."
Following table from:
https://www.blogger.com/blog/post/edit/863336524369281662/8027419480361533283
No less than 51 energy companies have gone bust since just 2018. If that is not proof that the system is rotten to the core, what is?
The table below shows which energy suppliers have gone bust to date including the amount of customers they were responsible for and who their new energy supplier will be:
| Energy Supplier | Date Supplier Went Bust | No. of Customers | New Supplier |
|---|---|---|---|
| Whoop Energy | 18/02/2022 | 262 | Yu Energy |
| Xcel Power Ltd | 18/02/2022 | 274 | Yu Energy |
| Together Energy (inc Bristol Energy) | 18/01/2022 | 176,000 | British Gas |
| Zog Energy | 01/12/2021 | 11,700 | EDF Energy |
| Orbit Energy | 25/11/2021 | 65,000 | Scottish Power |
| Entice Energy | 25/11/2021 | 5,400 | Scottish Power |
| Bulb Energy | 22/11/2021 | 1,700,000 | Special Administration Process |
| Social Energy Supply | 16/11/2021 | 5,500 | British Gas |
| Neon Reef | 16/11/2021 | 30,000 | British Gas |
| CNG Energy | 04/11/2021 | 41,000 (Business) | Pozitive Energy |
| Zebra Power | 02/11/2021 | 14,800 | British Gas |
| Omni Energy Ltd | 02/11/2021 | 6,000 | Utilita |
| Ampoweruk Ltd | 02/11/2021 | 600 + 2000 (Business) | Yu Energy |
| MA Energy | 02/11/2021 | 300 (Business) | SmartestEnergy |
| Bluegreen Energy | 02/11/2021 | 5,900 | British Gas |
| GOTO Energy | 18/10/2021 | 22,000 | Shell Energy |
| Daligas | 14/10/2021 | 9,000 | Shell Energy |
| Pure Planet | 13/10/2021 | 235,000 | Shell Energy |
| Colorado Energy | 13/10/2021 | 15,000 | Shell Energy |
| Igloo Energy | 29/09/2021 | 179,000 | E.ON |
| Symbio Energy | 29/09/2021 | 48,000 | E.ON |
| ENSTROGA | 29/09/2021 | 6,000 | E.ON |
| Avro Energy | 22/09/2021 | 580,000 | Octopus Energy |
| Green | 22/09/2021 | 255,000 | Shell Energy |
| Utility Point | 14/09/2021 | 220,000 | EDF Energy |
| People's Energy | 14/09/2021 | 350,000 | British Gas |
| PFP Energy | 07/09/2021 | 80,000 | British Gas |
| Money Plus Energy Ltd | 07/09/2021 | 9,000 | British Gas |
| Hub Energy | 09/08/2021 | 6,000 | E.ON |
| Green Network Energy | 27/01/2021 | 360,000 | EDF Energy |
| Simplicity Energy | 27/01/2021 | 50,000 | British Gas |
| Yorkshire Energy | 02/12/2020 | 74,000 | Scottish Power |
| Tonik Energy | 06/10/2020 | 130,000 | Scottish Power |
| Go Effortless Energy | 03/09/2020 | 2,500 | Octopus Energy |
| GnERGY | 18/03/2020 | 9,000 | Bulb Energy |
| Breeze Energy | 18/12/2019 | 18,000 | British Gas |
| Toto Energy | 18/12/2019 | 134,000 | EDF Energy |
| Uttily Energy | 15/10/2019 | 280 (Business) | Total Gas and Power |
| Eversmart Energy | 06/09/2019 | 29,000 | Utilita |
| Solarplicity | 13/08/2019 | 7,500 | SSE |
| Cardiff Energy Supply | 09/08/2019 | 800 | SSE |
| Brilliant Energy | 11/03/2019 | 17,000 | SSE |
| Our Power | 25/01/2019 | 31,000 | Utilita |
| Economy Energy | 08/01/2019 | 235,000 | Ovo Energy |
| One Select | 10/12/2018 | 36,000 | Together Energy |
| Spark Energy | 10/12/2018 | 290,000 | Ovo Energy |
| Extra Energy | 21/11/2018 | 108,000 | Scottish Power |
| Usio Energy | 15/10/2018 | 7,000 | First Utility |
| Gen4U | 13/09/2018 | 500 | Octopus Energy |
| Iresa | 13/09/2018 | 90,000 | Octopus Energy |
| National Gas and Power Limited | 25/07/2018 | 22,000 | Hudson Energy |
| Future Energy | 13/09/2018 | 170,000 | Green Star Energy |
| TOTAL | 5,900,316 |
So while we are having a hard time paying utility bills he’s a little explanation of how the system works. Have a read and express your opinion
By William Freeman
I remember when Maggie.T privitised the utilities and wondering how British Gas, with no infrastructure in the electricity generation and supply industry, could suddenly, overnight, supply people with electricity. Or how the previously 'electric boards' became companies that could manage to supply gas, in direct competition with said mighty British Gas? How could someone create a new company, make no investment in infrastructure, enter the market, and then supply gas and electricity?
Then when changing suppliers, how seamlessly the physical changeover happened. No switching drops as my electricity came from a different company, no drop or falter in the gas pressure at the changeover time. What technological marvel had The Devil Woman and her cronies conjured up to enable this miracle?
These questions and others remained unanswered and in the back of my mind, as I got on with the daily grind of being a good little 'sheeple' and not questioning authority.
In the last year or two the unanswered questions resurfaced with the help of other people via the Internet. So I started researching, asking questions, reading online documents, until the scales fell from my eyes.
There is no technological marvel, only a good, old fashioned SCAM.
1.STATEMENT OF FACT: The supply licensee companies that we, the consumers, pay our money to, supposedly for the supply of gas and electricity, DO NOT SUPPLY THE GAS AND ELECTRICITY WE HAVE CONSUMED!
2.STATEMENT OF FACT: The supply licensee companies issue a 'Statements of account', NOT A BILL FOR GAS OR ELECTRICITY!
3.STATEMENT OF FACT: The supply licensee companies are suppliers NOT OF GAS OR ELECTRICITY, but of CREDIT!
THE SCAM: When Maggie.T granted licences to the various companies that generate/distribute electricity, or supply/distribute gas, those licences did not allow said companies to offer extended terms of credit. Those companies MUST be paid for the gas/electricity they have provided/distributed at the end of each business day. To knock on every consumers door and demand payment for that days consumption is both physically and technologically impossible.
So, that opens the door for a whole host of parasite companies, known as the Supply Licensees. When these companies buy a licence from the government, they purchase the right to pay on behalf of [but totally unknown to..] any supply address they can convince to sign up with them. They, in fact, purchase the LIABILITY of that supply address to pay the Generators/Distributors the Actual True Cost of the Gas or Electricity at the end of each business day, based on meter readings, actual and estimated. As they have provided Unsecured Credit for that Supply Address, they then add their own charges for this credit to the Actual True Cost of the consumed energy, and issue a Statement of Account. As everybody should know, Unsecured Credit is a very costly item.
This means the Consumer of the Gas/Electricity at the Supply Address is paying for the Actual True Cost of the consumed energy, PLUS a Credit Agreement they didn't know they had AND NEVER AGREED to!!!
This situation is both Unlawful and Illegal on so many levels:
[a] By falsely posing as the supplier of the consumed energy to the Supply Address, the Supply Licensees are in breach of the Fraud Act 2006, Section 2, Fraud by False Representation.
[b] By not disclosing that the consumer is agreeing to a Credit Agreement, the Supply Licensees are in breach of the Fraud Act 2006, Section 3, Fraud by failing to disclose Information.
[c] By not disclosing that the consumer is agreeing to a Credit Agreement and will pay their credit charges, as well as the Actual True Cost of the consumed energy,the Supply Licensees are in breach of the Fraud Act 2006, Section 4, Fraud by abuse of position.
[d] By instigating the SCAM, and selling the liability [assignment of..] for a Supply Address to a Supply Licensee, without the knowledge or consent of the occupier of that Supply Address, the Government [and ALL UK Governments since the privitisation] is in breach of the :
Fraud Act 2006, Section 2, Fraud by False Representation
Fraud Act 2006, Section 3, Fraud by failing to disclose Information
Fraud Act 2006, Section 4, Fraud by abuse of position.
There are many more breaches of legislation, The Unfair Terms in Consumer Contracts Regulations 1999, The Consumer Credit Act 2006, The Consumer Credit Act 1974, and the list goes on..., as well as the basic Common Law of “You, or your actions, shall cause no harm or loss to another”.
The Supply Licensees can then turn these fraudulently obtained Credit Agreements into Negotiable Securities and receive payment for them on the Money Markets.
The recent PPI scandal involving mis-selling by the banks pales into insignificance by comparison.
EVERY household in the UK has been and is affected by this SCAM.
WHAT CAN I DO ABOUT THIS?, you may ask?
Well, I am reminded of a campaign, fronted by Nancy Reagan, when she was America's First Lady, against drug use. The campaign's slogan was “JUST SAY NO”.
Because the Supply Licensees did not disclose that they were offering CREDIT, there can be no Credit Agreement between themselves and the Consumer. Without a Credit Agreement, no Consumer has any LIABILITY to pay ANY charges. The Supply Licensees can not ask a court to enforce an Agreement that does not exist, and never did. Ask your Supply Licensee for a copy of the Credit Agreement that exists between the two parties, and they will not be able to produce one.
On the other hand, the contracts that exist between generators/ distributors, etc. and the Supply Licensee companies are perfectly LEGAL and BINDING. They have accepted LIABILITY for the costs of the energy supplied to the Supply Address, and they MUST pay them [oh s***].
CHALLENGE THEM......... JUST SAY NO!
' xlink:href='%23b'/%3e%3cuse fill='black' filter='url(%23c)' xlink:href='%23b'/%3e%3cpath fill='white' d='M12.162 7.338c.176.123.338.245.338.674 0 .43-.229.604-.474.725a.73.73 0 01.089.546c-.077.344-.392.611-.672.69.121.194.159.385.015.62-.185.295-.346.407-1.058.407H7.5c-.988 0-1.5-.546-1.5-1V7.665c0-1.23 1.467-2.275 1.467-3.13L7.361 3.47c-.005-.065.008-.224.058-.27.08-.079.301-.2.635-.2.218 0 .363.041.534.123.581.277.732.978.732 1.542 0 .271-.414 1.083-.47 1.364 0 0 .867-.192 1.879-.199 1.061-.006 1.749.19 1.749.842 0 .261-.219.523-.316.666zM3.6 7h.8a.6.6 0 01.6.6v3.8a.6.6 0 01-.6.6h-.8a.6.6 0 01-.6-.6V7.6a.6.6 0 01.6-.6z'/%3e%3c/g%3e%3c/svg%3e){kind=small}
No comments:
Post a Comment
Note: only a member of this blog may post a comment.