Tuesday, 16 August 2011

Energy Prices

We see today that Npower is to increase gas prices by 15.7% and electric by 7.2% and this after they announce increaes in profits. This is the fifth company of the six major energy companies to announce increases, and they say that they are not a cartel. It's about time thay parliament investigated these companies. We are seeing an increase in wind farms and turbines that cost in excess of a million pounds each and we are being told now that these costs will have to be passed on to the public over the next twenty years. Then prices will fall and if you believe that then you will believe that the moon is really made of cheese. If the government and parliament don't do something now then they will have troubles on their hands that will make last weeks riots seem like a picnic. There are going to be an estimated 12 million people heading for fuel poverty this year and that figure could increase if we have a severe winter and the government is completely oblivious to these peoples needs, believing what these companies when they say that its market forces that are causing these increase when in truth it's one word. Greed.  

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