Energy Bills: Ofgem Targets Power Operators

The regulator moves to cut costs to consumers by rejecting business plans from five distributors on poor value grounds. 12:03pm UK, Friday 22 November 2013

View the Original article

Now Tories want to slap VAT on food and children’s clothes and RAISE tax on energy bills

19 Nov 2013 08:00Less well-off families would be hit hardest because they spend a larger proportion on food and goods not currently charged at the full rate

View the Original article

Energy Bills: Households Face 17 Years Of Hikes

Electricity, gas and water bill increases are expected to outstrip inflation until 2030 to pay for infrastructure projects. 7:11am UK, Wednesday 13 November 2013

View the Original article

Energy Firms SSE And E.ON Confirm Profits

Suppliers report rising profits but say their residential businesses have hit hard times amid a furious debate on soaring bills. 12:11pm UK, Wednesday 13 November 2013

View the Original article

Energy bills: John Major calls for windfall tax on profits as he slams Government for not helping poor

23 Oct 2013 06:42The ex-Conservative Prime Minister criticised David Cameron for failing to tackle rising power bills - branding price hikes "unacceptable"

View the Original article

MPs to quiz energy chiefs on price hikes

I think his heart was in the right place but his head had gone walkabout

John Major, former Conservative Prime Minister

Npower this week became the third of the Big Six suppliers to hit millions of households with a massive 10.4 per cent hike, adding around £104 to average bills.

It followed SSE and British Gas which both hit customers with “crippling” rises.

Mark Todd, director of energyhelpline.com, last night welcomed the Westminster committee’s move.

He said: “The public need to understand the reasons behind these crippling increases.

“The MPs really need to dig deep to find out what is going on and get some answers, the public want answers and these businesses need to give credible explanations.

“People don’t want excuses, what they want to know is what is being done to bring prices down instead of seeing them going up and up.”

Sir John said it was not acceptable to see energy prices rocketing by up to 10 per cent when wholesale costs are rising by only four per cent.

He said: “I do not regard that as acceptable at all by the energy companies.

“It ought not to be acceptable to anyone, that many people are going to have to chose between keeping warm and eating.

View the Original article