Ed Davey, the Energy Secretary, has pleaded with energy companies to explain their profits ie to be more "transparent".
Ofgem has also been criticised in a report by MPs on the Energy Committee, for failing to do enough to tackle profiteering by energy companies.
That's all very well, up to a point. However, the MPs seem to forget that taxes and green energy surcharges also add to the financial burdens of the hapless energy consumers.
Blog Archive
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2013
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July
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- Barclays £12.8BN Hole
- Ever Rising Energy Bills
- UK Economy Grows By 0.6%
- Local Lending Data For 10,000 Postcodes
- RBS Fined £5.6M
- China's 7% Bottom Line
- Chinese Growth Falls To 7.5%
- One In 20 Households Rely On Payday Loans
- The Verdict on Greece
- Careless Talk Costs Dollars
- Greece's Day of The Jackal Looms
- David Drumm Apologises
- Happy Canada Day
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July
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