green levy

Energy companies case for blaming green levies weakens further

Official figures cast doubt on claims by the UK’s biggest energy firms that rising wholesale costs are to blame for their inflation-busting price hikes. However, data from Ofgem, the energy regulator, suggests that wholesale prices rose by only 1.7 per cent over the last year. Four of the “Big Six” energy companies have raised already raised their bills by up to 10.4 per cent, with the remaining two expected to follow

Rising energy prices, don't blame the green levy, blame the big 6 cartel

The ongoing political row over energy prices was brought sharply into focus this week as Scottish energy giant SSE raised its prices by 8.2 per cent blaming the green levy as a significant cause. The other 5 big energy companies are likely to follow suit. “We’re sorry we have to do this,” said SSE’s Will Morris. “We’ve done as much as we could to keep prices down, but the reality is