Tuesday 30 November 2010

Recent important news summaries

Ofgem investigation on gas and electricity bill

Ofgem is going to investigate recent energy price rises, according to the BBC.

The watchdog said three of the "big six" suppliers have increased its profit margin per customer by 38%, which means each person has to pay £25 more on top of former £65.

Ofgem is doubting whether "the big three are playing straight with consumers" after the sharp rise in the last three months, and therefore the watchdog decided to conduct a review to exam the issue.

The three suppliers, which have increased its price, are British Gas, Scottish and Southern Energy and Scottish Power.

The review will be completed by next March, and there is nothing can be done to stop the price rising during this winter.

More details of the story, please refer to Energy firms facing gas and electricity price review

No comments: