I used to get extremely frustrated and angry with these type of price hikes as winter approached..You are absolutely right Stevie. But that is the price we all have to pay for the utilities being privatised all them years ago.
Sadly the Elderly and the poor are of no interest to all the major funds that now own the shares. Profits and dividends are all that matters
After thinking seriously about it, the only way I could manage to hedge against this kind of silly inflation was to invest directly into oil and gas company shares.
For me it was a bloody good strategy.. Forget keeping up with inflation!! Profits were paying my bills.
Sometimes its best to just go with the flow instead of trying to swim against the tide.