Monday, 17 October 2011

Huhne: Energy Prices "Relatively Good" As 70% Struggle To Pay

Lib Dem Huhne: energy prices are relatively good
Lib Dem Energy Minister Chris Huhne said today that UK electricity and gas prices are "relatively good".
Huhne has previously blamed lazy consumers for high energy bills because they fail to shop around for the best deals.

He also said energy companies were “not the Salvation Army” and that “We expect them to earn respectable returns for their shareholders."

This is in stark contrast to the Prime Minister David Cameron ahead of the energy summit, noting that energy bills had increased by more than £100 for most people since this summer, as energy suppliers profits were eight times higher than last year and a new report which suggests that seven in ten consumers will need to turn to their savings, credit cards or overdraft to fund rising energy bills - not that multi-millionaire Huhne is likely to be one of them.

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