Our old friend Old Sparky from Private Eye’s ‘Keeping The Lights On’ column cast his eye over municipal ENERGY RESELLING COMPANIES again in January. He explained that Notttingham City Council’s Robin Hood Energy would require its THIRD bailout in a year very soon.
He then observed, “the municipal energy supply model is FINANCIALLY UNVIABLE“. A message virtually everybody now gets except the Reverend Rees and his gormless sidekick, responsible for council finance, Craig “Crapita” Cheney.
Early in January, on the day Bristol City Council-owned Bristol Energy announced a further LOSS of £11.2million for 2018, Cheney cheerily announced that the company was at a “at a turning point where it can now begin to play a greater role in the city’s journey towards a CARBON NEUTRAL FUTURE.”
What a load of bollocks. How can running up a DEBT, now standing at over £30million – that will never be repaid – help our future? Carbon neutral buzzwords or not?
The Reverend and Cheney need to shut their energy business fiasco down today and apologise to the people of Bristol for wasting their money.