The energy companies claim these increases are unavoidable as the cost of oil and gas rises on the world market.
But wait.
These same energy companies have seen their profits increase 600%. Eon, Centrica, NPower and the others made £3,000m this year compared to £557m in 2003.
WHO PAYS FOR POWER CO. PROFITEERING?
We do.
The average combined gas and electricity bill in Britain is now £1,500 per household per annum and rising. The consumer group ‘Energywatch’ estimates there are now 5.5million households suffering from ‘fuel poverty’. [* When 10% of all household income goes on energy = fuel poverty].
There are now 6.8m people deep in debt to energy suppliers and they are in no position to cope with further price increases.
Pensioners will not be able to keep warm this winter and will die in their tens of thousands. This simply cannot be tolerated.
SO WHAT IS TO BE DONE?
The Scottish Socialist Party believes there should be a windfall tax on fuel company profits and bills should be held down.
But we also believe the energy companies should be taken back into public ownership. The rise in gas and electricity prices has been nowhere near as bad in the rest of Europe, the industry here has clearly been mis-managed.
The government must ensure everyone has the energy supplies they need as winter approaches. This is a right.
And if the government does not intervene, then people are entitled to say to say to energy company profiteering
‘WE WON’T PAY’.
SSP - THE LEFT ALTERNATIVE TO NEW LABOUR AND THE SNP
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