MP slams ‘greedy’ energy companies

A NORTHUMBERLAND MP has accused energy companies of being greedy as another giant has increased its tariffs.

When Scottish Power announced gas tariffs would rise by 19 per cent last month, Guy Opperman – who has led the campaign against rising energy costs – warned that other firms would follow suit.

British Gas recently did exactly that. Its decision will take the average annual dual-fuel bill to a record £1,288.

Whilst Scottish Power has 2.4 million customers British Gas has more than 13 million, including many in Northumberland who will now see their gas prices going up by 18 per cent and electricity by 16 per cent next month.

Mr Opperman, the MP for Hexham, said: “These increases in bills are being made by greedy energy companies. They are simply unacceptable.

“The energy firms like to blame it on wholesale energy prices but when their profits are running into billions this is nonsense. It is profiteering off the backs of hard working families and pensioners, pure and simple.

“We must not be fooled by these companies who are making massive profits. The current wholesale gas price is 29 per cent less than in the summer of 2008, whilst the price British Gas is charging its customers is up by 44 per cent. It’s a racket and it has got to stop.”

As part of his on-going campaign Mr Opperman has written to Ofgem, the energy regulator.