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Price cap still possible, government warns energy companies
Ofgem told to act fast to safeguard poorer households after British Gas announces 12.5% electricity price rise
Articles: 2 (Rank: 53)
Tonality: 24.0
Top entities
Comments: 2286
Tonality: 3.0
  • The company, owned by Centrica, left its gas prices unchanged, which means the average annual dual fuel bill will rise by 7.3%, or £76, to £1,120.
  • Ministers expressed concern about the rise, which they said should not be blamed on government policy, and said they were not ruling out future steps to “increase fairness for customers”.
  • The former Liberal Democrat leader Tim Farron said British Gas was taking for granted that many customers would not switch tariffs.
  • So British Gas has to pay more for the transportation.
  • By introducing public companies to offer 'competitive' low pricing, government reclaims control of utility prices and makes them accountable to the people.
  • Set up a Government Energy Company not for profit where the price will be cheapest, then watch millions switch over and the current shark energy businesses will fold!
  • So, after not having passed on cuts in prices that might have reflected the fall in energy costs, those poor gas companies are now feeling the pressure to increase prices.
Articles' vs. comments' controversy: Entities' controversy: Crosslingual rank controversy:
10.5 1.6 0
British Gas raises electricity prices by 12.5%

Experts fear rise will prompt another round of increases after Centrica sanctions average annual dual fuel bill rise of 7.3% to £1,120

Text length: 4396
Tonality: 22
Top entities
Comments: 2286
Tonality: 3

Published: 1. 8. 2017 12:11:39

Source: theguardian.com

Mentioned entities: 92

  • First signs of winter, a bit like watching the birds prepare to fly south, the utility companies put up fuel prices before the cooler weather arrives.
  • For a while electricity bills were lower than gas, but they must have got wise to that, because whatever price comparison I do these days puts the electric bills higher than the gas.
  • So British Gas has to pay more for the transportation.
  • And when the wind does blow, then all the windmills are producing loads of excess electricity and the spot price drops to nothing or negative - and so they don't make money.
  • Nationalisation will remove the factor that drives the price rise. ...and replace it with the factor that demands empire-building and rewards inefficiency with larger budgets.
Price cap still possible, government warns energy companies

Ofgem told to act fast to safeguard poorer households after British Gas announces 12.5% electricity price rise

Text length: 4927
Tonality: 26
Top entities
Comments: 0
Tonality: 0

Published: 2. 8. 2017 10:07:15

Source: theguardian.com

Mentioned entities: 7