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therealdrag0 14 days ago

If you’ve never seen competition lower prices you’re not paying attention.

robocat 13 days ago | parent [-]

I've you've never been on the pointy end of pricy service monopolies you're not paying attention.

Competition works best for commodities. How is your electricity bill looking? And electricity is a fabulously strong example of a commodity. Have you noticed petrol prices are not that competitive even though petrol is a commodity?

3/4 of my leccy bill is a distribution cost: I think it is a fixed cost that any electricity supplier I choose oncharges. I can choose different suppliers that will make a small difference to the other variable kWh by time charges but it's not real competition. I could buy solar and batteries - but the initial investment and payback period is so long that it would cost me far more than the distribution cost I currently pay.

therealdrag0 13 days ago | parent [-]

I agree. We don’t need to discuss the boundaries of competition. I was responding to GP saying they have NEVER seen competition work, which is simple ignorance.