Thursday, January 18, 2007

Energy Costs still on the up?

What are our MPs doing about it?

The price of gas and electricity has gone up by extortionate amounts over the past year, a 12 month period which has seen the wholesale price rise (especially when supplies were hijacked by the Russians) and fall again. Are you lucky enough to be paying less again?

Tom Clarke the Labour MP for Coatbridge Chryston and Bellshill has tabled the following Early Day Motion in the House of Commons:

"That this House is concerned that energy companies have not passed on to consumers the recent reductions of wholesale prices of gas and electricity; notes that average annual gas bills have risen by 63.3 per cent. since 2003 while average annual electricity bills have risen by 44.2 per cent. during the same period; further notes that consumer bills have not yet come down, despite the fact that wholesale gas prices have fallen by 25 per cent., and electricity prices by 30 per cent., in the past few months; and is greatly concerned that low income families and pensioners are suffering most, while other families are also struggling to meet the unnecessarily high cost of domestic energy bills despite the Government's unprecedented good work in this area through the introduction of the winter fuel payment."

So far it has been signed by 41 MPs (convention dictates that government ministers do not sign EDMs so Mr. Miliband is excused). I am just a little surprised that the Member of Parliament for Jarrow, former Cllr. Stephen Hepburn has not seen fit to sign this motion, perhaps he believes that it's o.k. for the rest of us keep paying loan shark prices for our energy!



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