The UK's Big Six Energy Companies Becoming Involved in Politics says John Prescott
By Cynthia Taylor
John Prescott, the former deputy Prime Minister says that energy suppliers were being encouraged by David Cameron's supposed promise to “get rid of the green crap”
He also said that the Big Six were serving the interests of their shareholders rather then their customers or the public.
He felt that the Big Six had made an unwarranted intervention into the political scene. He said they are doing so by threatening power cuts and a paucity of investment.
Mr Prescott who is now a Labour lord has told the Guardian that these companies were becoming 'very politicised' and that they were serving the interests of shareholders instead of their customers or the public in general.
He stated that the energy companies were being encouraged by allegations, the previous year, by David Cameron. He said that Mr Cameron had vowed to 'get rid of green crap' from energy bills, that includes payments for energy efficiency and the subsidies for renewable energy.
Mr Prescott said that the Big Six are becoming very political, that they are shaping up to blame Labour leader Ed Miliband. And that they have been mobilised by Mr Cameron saying about the 'green crap' and that the UK will see more of this.
Mr Miliband pledged last year to freeze energy bills for 20 months if his party won the next elections as part of his infinitive to cut the continuous rising cost of living. As a result of this the energy companies reacted that investment into new infrastructure would, as a result, have to be cut.
Prior to Mr Miliband's pledge, Ofgem's outgoing head of energy warned the the risks of power cuts had increased. He said this was because of the ageing nuclear reactors and the coal-fired power stations were being phased out of service and will be by the end of the decade. Several of the energy companies have also echoed this warning.
Mr Prescott believes that these warnings were being put put out to alarm customers, and for the energy companies to gain new concessions to justify the unceasing energy bills. He pointed out that these alarms had intensified following Mr Miliband's pledge.
In an interview he said that the companies has exploited their profits - that the energy companies did not have the public's interests at heart only their profits.
He has further made accusations that the coalition government was encouraging the Big Six companies to get involved in politics and political controversies. He said that Mr. Cameron had joined them by ditching the climate change programme. He also accused George Osborne of doing he same.
Head Office: EATON HOUSE, STATION ROAD, LEEDS, LS20 8XB Company Registration: 4704157 Vat Registration: 817013852