Energy bosses called before MPs following price hikes

Bosses from the Big Six energy firms and other smaller suppliers have been called to give evidence to MPs about the recent price hikes. Three of the Big Six suppliers – SSE, British Gas and npower – have so far announced an increase in gas and electricity prices this winter. The Energy and Climate Change […]

We’re still in the dark over energy company profits say MPs

Customers are still in the dark when it comes to how suppliers make profits – and Ofgem isn’t being tough enough on energy companies. That’s according to MPs on the energy and climate change select committee who say a lack of transparency is still undermining trust in the industry. Since 2007 average prices of gas […]

Smart meters won’t save cash if costs “spiral” – MPs

MPs are warning that much-touted savings brought by ‘smart’ energy meters may not materialise if the costs of putting them in all UK homes “spiral”. Around 53 million smart meters in around 28 million homes and 2 million businesses are set to get smart meters installed between 2015 and 2020 under government rules. They are […]

Lib Dem Robert Smith picks up committee from Tim Yeo

Lib Dem MP Robert Smith is taking over from Tim Yeo as chair of parliament’s energy and climate change committee (ECCC) while the Tory backbencher deals with allegations about lobbying which he strongly denies. Sir Robert Smith was backed for the role of interim Chair unanimously by MPs on the cross-party committee yesterday. In a statement, the […]