Lib Dem Ed Davey Demands Gas Price Investigation
13 Feb 2014
Ed Davey, Liberal Democrat Energy Minister, has written to the regulators questioning high profit margins on retail gas, and demanding an investigation.
It is suggested that if gas margins were similar to those for electricity, this could save the typical household £40 per year. The letter suggests that British Gas/Centrica prices and profits suggest a monopoly position.
For the full text of the letter http://www.libdemvoice.org/edward-davey-writes-gas-profits-38174.html