An MP has backed plans to freeze energy prices from 2015 to 2017.
Barnsley East MP Michael Dugher said that there is no doubt the Energy market isn’t working for ordinary families and businesses across the Dearne.
People get overcharged because of just “big six” energy companies that supply energy to 98 per cent of homes and run 70 per cent of Britain’s power stations, he said.
Ed Miliband claims his government would reset the energy market if he becomes Prime Minister in 2015. But he would put an immediate stop to unfair price rises by freezing energy bills up to January 2017.
Mr Dugher added: “Families in Barnsley are facing a cost of living crisis. Prices are rising faster than wages and energy bills have gone up by almost £300 for the average household. Something needs to be done to tackle rip-off energy bills.”
“When the price of energy increases, energy companies pass this on to customers. But when the price of energy drops, consumers don’t see their bills fall. How can this be right?
He continued: “The energy market needs to be reset with the big energy companies broken up so that families in Barnsley can get a fair deal. And in the meantime, it is right that energy prices should be frozen to help people with the cost of living crisis. This would save a typical household £120 and an average business £1,800.”