Just to expand danrok's point Tosh,
If your local corner shop has new owners and become expensive customers will use their feet to take them elsewhere.
When utilities increase in price like electricity, fuel for the van or car then all businesses using these commodities pay more as does the ordinary resident.
It must be obvious that businesses that are very reliant on electricity, like iceland who's fridges are on seven days a week night and day, will not only be paying the 9.5% more to the JEC but also 5% in GST on the increase. This will be passed on to the customer through an increase in prices to pay the increased charges. Obviously a private consumer can make cuts backs, that is a personal choice.
Regarding the cross subsidy I mentioned " you made a good point ". I am not an accountant but ( if I have read the information correctly ) they increased profits but made a 24% loss. I also wonder why a Government sponsored business is allowed to compete in retailing, electrical contractors etc with the private sector ?
What I find interesting ( and maybe a real accountant can help here ) is that that they have hedged the euros to pay the french company but the £1 now buys more euros than it did last year so electricity in real terms should be cheaper. The other advantage is that cheap electricity ( up to a maximum of 7%) is being produced by the waste plant and given that it was paid for by taxpayers one would think this was sold cheaply to the JEC.
Therefore why the huge increase in the cost of electricity. Someone else spotted that they want to pay lovely dividends to shareholders.
Who are those shareholders, for instance any wealthy states members hold shares through companies.
Thats a secret.
I still get the impression that the JEC are not putting the public first, and not being forced to by the States who own 51% therefore have a majority say. It is different in France the government has to ok increases.