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Would you re-nationalise the energy companies?

29 November 2010

Poll Started 30 November 2010: Would you re-nationalise the energy companies? In 1986 British Gas was privatised and floated on the stock market. Millions of 'Sid' shareholders got windfall profits at the time, in a massive deregulation of the gas and electricity market. Now 24 years on, with price rises hitting again, has privatisation worked? Some complain that prices have risen too high, but is that offset by market efficiencies? Which of these is closest to your view?

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Poll Started 30 November 2010:

Would you re-nationalise the energy companies?

In 1986 British Gas was privatised and floated on the stock market. Millions of 'Sid' shareholders got windfall profits at the time, in a massive deregulation of the gas and electricity market.

Now 24 years on, with price rises hitting again, has privatisation worked? Some complain that prices have risen too high, but is that offset by market efficiencies?

Which of these is closest to your view?

Results

Keep privatised – the free market's status quo is more efficient 443 votes (5 %)
Re-nationalise – it should be taken back into public ownership 4,716 votes (56 %)
Regulate prices – keep it private but price rises should be controlled by the regulator 3,290 votes (39 %)

                   8,449 votes received.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.

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