Share this article:
Tell a Friend

British Gas profits soar as elderly struggle to stay warm

22nd February 2010

British Gas is expected to cause controversy when it announces a 50% surge in profits after a winter where millions could barely afford to heat their homes.

cc news bump

The UK's largest energy supplier made more than £550m profit over the past year. But at the same time, 5.4m pensioners living in fuel poverty struggled to keep warm during the harshest winter in 30 years.

36,700 more deaths among the elderly were recorded last winter than in the warmer months, according to the Office for National Statistics. This was an increase of 12,000 on the previous year.

The major energy companies have been criticised for not doing more to cut bills before the winter. Despite wholesale energy prices falling by 60% since the middle of 2008, customer bills have only come down by less than 10%.

For those living in fuel poverty - where more than 10% of disposable income is spent on heat and light - turning down the heat in even the coldest of conditions is often the only option, leaving them vulnerable to illnesses such as pneumonia.

The Age Concern and Help the Aged charity slammed the energy suppliers for the rise in winter deaths, which they attribute to "cash-strapped older people turning down the heating."

The Conservatives and official consumer campaigner Consumer Focus have called for an inquiry into the energy industry and its failure to pass on wholesale price reductions to the customer.

Comparison and switching website uSwitch.com said household energy bills are £270 higher than two years ago, with the average bill hitting around £1,200.

Useful links:

Energy bill complaints

Claims Financial

 

 

Testimonial
"I just had to put pen to paper and write to say I'm more than delighted with my settlement that you won me back from my PPI I had with Lloyds TSB. The Claim Forms were simple to fill in. It was a breeze"
Mr R Evans 11 Nov 2010
blog comments powered by Disqus
First Name: *
Last Name: *
Address: *
Address 2: *
City: *
Postcode: *
Phone: *
Email: *
blog comments powered by Disqus