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New energy price hikes forecast, despite billions in industry profits

Summary by Labour Hub

Campaigners have claimed that the latest energy price forecasts show customers are being gaslighted by an industry that has made £483 billion in profits since 2020. At the heart of the scandal is the system that sees electricity prices being set by the cost of gas up to 40% of the time under the marginal pricing rules. Now, with […]

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New energy price hikes forecast, despite billions in industry profits

Campaigners have claimed that the latest energy price forecasts show customers are being gaslighted by an industry that has made £483 billion in profits since 2020. At the heart of the scandal is the system that sees electricity prices being set by the cost of gas up to 40% of the time under the marginal pricing rules. Now, with […]

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Labour Hub broke the news in 5 days ago on Tuesday, February 18, 2025.

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