Caroline Flint MP, Labour’s Shadow Energy and Climate Change Secretary, commenting on npower’s announcement that they will increase electricity prices by 9.3% and gas prices by 11.1% from 1 December 2013, adding £137 to the average bill, said:
“It’s another day, another inflation-busting price hike from the energy giants. These latest price rises show clearer than ever why Labour’s price freeze is needed. People are sick and tired of being left out of pocket because of David Cameron’s failure to stand up to the energy companies.
“Britain’s energy market isn’t working for ordinary families and businesses. Labour’s energy freeze will save money for 27 million households and 2.4 million businesses and our plans to reset the market will deliver fairer prices in the future. We’ve seen today that the potential costs of new investment, like Hinkley, make it all the more crucial that we end the rip-offs and have an energy market that people trust.”
Another day, another inflation-busting price hike from the energy giants - Caroline Flint