Big Six Energy Companies
Ed Miliband’s biggest challenge will be to convice a fatalistic electorate that government can make a difference
Miliband is not only taking on the Big Six energy companies, he is pushing back against a public fatalism about government power to effect change that has been over 30 years in the making.
Excess Big Six profits are real, but the main problem is still the wholesale gas price
The figures released by Ofgem today should in no way create the sense that the price of wholesale gas is not the main cause of rising energy bills.
Scottish Power blames ‘green levies’ for price rise yet paid £890m to shareholders last year
Scottish Power (SP) has just announced that it is to put up the price of its gas by an average of 8.5 per cent and electric by 9 per cent from 6 December.
Npower: no corporation tax in three years and £35million in bonuses for bosses
Npower have announced that they are to put up energy bills by 10.4 per cent from 1 December - the highest price rise so far by any supplier.
Three reasons Labour must not be bullied by fat cat energy bosses
The most important thing now is that Ed Miliband and the Labour Party stand firm against the inevitable cascade of sour grapes that are about to come their way. Here are three reasons why that is so important.
The energy companies are telling one story to their investors and another one to their customers
Home energy prices went up sharply in late 2012. If the energy companies want us to trust them, they shouldn’t be telling one story to their investors and a completely different one to their customers.