Winter-Long Price Freeze from Small Energy Companies
By Anne Lewis-Schneider
Two of the smaller energy companies that fall under the banner of green energy companies have made an announcement that they will not be putting up their prices until the winter is over. The companies, namely Good Energy and Ecotricity, said that they will not be increasing their energy prices to consumers until the winter is over. Both companies, which hold a total of approximately 130,000 customers have made this announcement saying that they will not incur any external costs until April next year, and were therefore setting an example by passing this on to their consumers.
Ecotricity founder Dale Vince said that his company is not just making green energy but were intent on showing that they could also make cheaper energy. He says that the company has decided to do this by freezing its prices until after the winter in 2014. In the meantime David Cameronís government has asked the Big Six Energy Companies to keep prices steady until 2015 if wholesale energy prices which are internationally governed do not increase.
It has been widely reported that David Cameron has appealed to the Big Six Energy Companies to freeze prices until the next election, but the prime minister is insisting that he has requested no increase if international prices remain steady, which he says is an entirely different issue. The request is said to be part of a bigger package which will include some reforms in the Autumn Statement from George Osborne early in December.
The Department of Energy and Climate Change (DECC) has said that the so called statement is simply speculation and that it would not comment on the report until after the delivery of the Autumn Statement which is due on December 5th. The Big Six, which includes Centrica (British Gas), SSE, Scottish Power, EDF Energy, Eon and Npower are responsible for the supply of gas and electricity to an estimated 98% of all of the UK homes and small businesses.
In the interim Ed Miliband has reiterated his Labour Party Pledge for a 20 month price freeze if his party win the upcoming election in 2015. He maintains that this is the only way to solve the crisis in the energy field in the UK. A lot of electioneering is still going to take place around the energy crisis before any election or price freeze can take place, and one wonders where it will all stop. Meanwhile, it is admirable that two companies have seen fit to bring a bit of relief for its customers this winter.
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