Energy

Income of the 100 richest people could end global poverty 4 times over!

The net income of the richest 100 billionaires would be enough to make extreme poverty history four times over. That’s a pretty extremist statement. A headline from The Morning Star, The Socialist Worker or Marxism Today you might think? Nah. It was from an Oxfam press statement released on 19 January 2014. The Guardian covered … Continue reading Income of the 100 richest people could end global poverty 4 times over!

ScottishPower’s 8.6% price hike is a relief – well it would be, wouldn’t it!

The day after Npower beat the government into submission with a record-breaking 10.9% price hike, ScottishPower eases the pressure down to a modest 8.6%. Well they would do wouldn’t they? Npower‘s shock-and-awe attack had already won the Big Six campaign. Any more would only add insult to injury and risk drawing attention to the £8.5m … Continue reading ScottishPower’s 8.6% price hike is a relief – well it would be, wouldn’t it!

Cameron surrenders to Big Six lobby and Labour takes the blame again!

Don’t you just love it when a plan comes together? The implication that green levies brought in by the last Labour government are to blame for rising energy prices, subtly implanted in the backs of our minds a month ago, finally came into the open today when David Cameron joined up the dots. Dismissing Miliband … Continue reading Cameron surrenders to Big Six lobby and Labour takes the blame again!

Npower hikes energy bills 10.4% – are they trying to take the pi$$?

Less than a week after British Gas topped the energy price league, beating rivals SSE by a comfortable 12% margin to set a new high of 9.2%, Npower surges an extra 13% ahead of British Gas and a spectacular 27% ahead of SSE to set a new record of 10.4% Why would any company want … Continue reading Npower hikes energy bills 10.4% – are they trying to take the pi$$?

British Gas 9.2% price hike is robbery admits Minister – but bills are easier to read!

Just one week after SSE hiked energy bills up by 8.2%, British Gas outdoes them with a hike of 9.2%. That’s not how privatization is supposed to work. Companies are supposed to compete by lowering prices, not by pushing them up! So how do British Gas account for this? Have they added an extra 50% … Continue reading British Gas 9.2% price hike is robbery admits Minister – but bills are easier to read!

Media and energy companies conspire to ‘mislead’ says President of the British Academy

And so the plot thickens! Two weeks after the energy companies threatened power cuts if they can’t raise prices, and just one day after SSE hiked their prices a staggering 8.2%, the President of the British Academy, Baron Stern of Brentford, tells BBC News that the media are conspiring with energy companies to mislead the … Continue reading Media and energy companies conspire to ‘mislead’ says President of the British Academy

SSE marks up their expenses by 50% – and they don’t call that profit!

Just two and a half weeks after energy industry lobbyists, Energy UK, threatened higher bills and power cuts and just three days after the National Grid joined forces with warnings of winter blackouts if investment isn’t increased, SSE is the first of the Big Six to puts the threats into action: hiking dual fuel bills … Continue reading SSE marks up their expenses by 50% – and they don’t call that profit!

Energy bills – what happened to the missing 23 percent?

Today’s announcement that Labour will freeze household energy bills if they win the next election has the energy companies up in arms. So how is television news reporting it? Are they presenting the facts accurately and impartially, as broadcasting regulations demand? Or are they presenting them in a way that makes one side appear more … Continue reading Energy bills – what happened to the missing 23 percent?

Labour promises price freeze, energy companies threaten power cuts!

Just minutes after Labour promises to freeze energy bills the energy companies strike back with threats of power cuts and even bigger bills! Labour says the energy giants have overcharged customers £3.9bn since 2010. “The system is broken and we’re going to fix it,” Ed Miliband told the Labour Party conference in Brighton just before … Continue reading Labour promises price freeze, energy companies threaten power cuts!