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EDF is losing money because of stupid decision like ARHEN that forces EDF to sell electricity at a low price, and also forces them to buy at a high price... So
by tatref 4y ago
EDF is losing money because of stupid decision like ARHEN that forces EDF to sell electricity at a low price, and also forces them to buy at a high price...
So called electricity "providers" can sell electricity to customers without generating electricity in the first place, and also without transporting it. And at the same time, they get money from EDF through ARHEN!
- stefan_ 4y agoWe have the same in Germany with hundreds of "electricity providers" that themselves own no infrastructure whatsoever, just resellers. As far as I can tell the scheme is to aggressively recruit customers with signup bonuses and more, profit from the wholesale market as long as the prices are in your favor, and should the market turn against you simply declare bankruptcy and start over with a new company.
- b3orn 4y agoNo we don't, those companies you're talking about are buying electricity on the market, they have no price guarantees by anyone, unlike in France.