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⚡💷Did you know that part of your gas and electricity bill helps pay for the maintenance, operation and upgrading of Britain’s energy networks?

Those networks are largely run by private companies.

So when billions are needed for new cables, substations, grid upgrades and other infrastructure, consumers ultimately help fund those costs through network charges built into energy bills. ⚡🏗️

💰 You Pay In — But You Don’t Own It

Here’s the strange part.

When you pay towards all that infrastructure, you are not buying shares in the network.

You do not receive a dividend.

You do not build up an ownership stake.

And if the company becomes more valuable, you do not get a cheque reflecting your contribution.

The infrastructure remains in private hands, while the regulated companies and their investors can earn returns from operating it.

Ofgem controls those revenues and returns, and says the system is designed to attract investment while protecting consumers. But the basic arrangement remains: customers help fund the network through their bills without becoming owners of the assets they are helping to pay for. 📈💷

So when your bill rises partly because the country needs enormous investment in its energy infrastructure, ask yourself:

If the public is helping finance the system, why doesn’t the public receive an ownership stake or a direct return? 🤔

🔥Challenges🔥

Is this simply the sensible way to finance essential infrastructure?

Or have we created a system where millions of households help fund privately owned assets while investors receive the financial upside?

💬 Tell us what you think in the blog comments.

👇 Comment, like and share the post.

The best comments will be included in the magazine. 🎯📝

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Ian McEwan

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