Further calls for price freeze as charity reveals ‘energy prices have risen eight times faster than earnings’

Labour candidate for the Redcar constituency, Anna Turley, has today (21st November 2013) repeated calls for an energy price freeze as the charity, Citizen’s Advice, claimed that Energy prices have risen eight times faster than average earnings over the last three years.

The charity’s chief executive, Gillian Guy, warned that families will reach “crisis point” this winter as they struggle to heat their homes and eat.

Anna said:
“Since 2011, the wholesale cost of energy has risen at an average rate of 1.6% a year but the ‘Big 6’ energy firms have increased prices by an average of 10.4 per cent a year. At the end of last week energy firm SSE hiked their prices by over 8%; this week British Gas will add over 9% to customers’ bills and the following week Npower will put theirs up by 10%. Companies are increasing their profits on the back of soaring energy bills and ordinary families and businesses are being ripped off. This Coalition Government is more interested in standing up for the big energy companies than for ordinary people.

“Labour’s price freeze will save a typical household £120 and an average business £1,800. David Cameron and Nick Clegg can’t deal with the cost of living crisis because they stand up for a privileged few, not for hard-working families.

“People in Redcar need action now to tackle spiralling bills but Cameron and Clegg have no answers to the cost of living crisis. It’s clearer than ever that we need a Labour Government to put in place Ed Miliband’s energy price freeze and reset the market to deliver fairer prices in the future.”

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