Secretary of State for Business, Vince Cable, has slammed energy companies for blaming price hikes on green taxes.
Mr Cable told Winol: “There are green taxes and there are obligations on companies to help low income families with conservation but it’s not straightforward or honest to pretend that this is the cause of the big increase.”
British Gas has announced it will increase its prices by 9.2% from 23 November. They stated three reasons for the price hike; wholesale prices, improvements to pipes and wires, and the cost of complying with government programmes.
Vince Cable accepted that wholesale prices had played a big part in the increase.
But the Lib Dem minister said that energy companies were still not being transparent enough with customers.
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