Dec
14
14/12/2010
Leading energy company bosses told the Parliament’s Energy Committee that they expect increases in energy bills in the coming years. Representatives from five of the six major energy suppliers in the UK spoke to the MPs and pointed out that rising wholesale prices will mean higher domestic energy bills in the decade to come. One boss noted a potential increase of 15-25% by 2020. The company reps asserted that profit margins remain volatile and the energy market remains competitive.
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