Quote Originally Posted by vidcc
Quote Originally Posted by Virtualbody1234
I also don't think that's how "supply and demand" works. When there's too much demand, they put prices up.
That works in an open market where one can actually choose where to get ones power from. Although one can decide to pay the bill to a different source, with utilities the supply is basically fixed. It's not like shopping around at different stores to find the cheapest coffee.
I was posting on what happened, not a "market theory"
It is an open market in UK for electricity.

Gas appears to be, but isnt really... as at the end of the day it all comes from British Gas (ironically the most expensive supplier of the stuff)