Don't Cut Off My Electricity, Or Else

The prime purpose of a business is to provide/create money for the sole benefit of its shareholders, simple. Otherwise why have a business?

Now however we read in today's newspaper that the energy regulator OFGEM has warned electricity companies that they will apply heavy fines to these companies if due to lack of maintenance/investment on the network there is a loss of power to the customer.

Following the privatisation of the national grid, numerous investors gained a quick profit through selling shares and it didn't matter who bought the shares, hence, most of the network is now in the ownership of foreign businesses, who are waking up to the fact that they need to invest around £30billion to update the whole network over the next few years. So what are these companies doing? You've got it, selling them off at a knock down price and again the new buyers to date have been foreign businesses again.

To be perfectly honest all I want, is to ensure that the supply to my house, the house of vulnerable residents and to hospitals is not interrupted, it's not a lot to ask for, is it?