PLAID FEARS OVER HIKE IN HOUSEHOLD GAS PRICES

Plaid Cymru’s Jonathan Edwards MP has voiced concerns about the decision of a major Welsh energy supplier to raise household gas prices, affecting many customers across Wales, especially the fuel poor and vulnerable.

Scottish & Southern Energy, parent company to Swalec which dominates much of the south Wales market, is set to raise its prices by 9.4% from tomorrow (Wednesday).

Last week, Mr Edwards welcomed the news that Ofgem is to hold a wide ranging investigation into the practises of the UK retail energy sector in the wake of recent price rises.

Mr Edwards first highlighted the importance of tackling fuel poverty in the House of Commons in his maiden speech.

Commenting, Mr Edwards said:

“These prices hikes are very concerning, particularly at a time when we are being hit by a bitterly cold snap.

“There is a very real problem in Wales where a third of properties live in fuel poverty according to National Energy Action Cymru – and already many find themselves making the choice between heating and eating.

“There can be absolutely no justification for such a huge hike in prices while meanwhile profit margins have risen by a whopping 40% in just three months.

“This is exactly why I welcomed the announcement that Ofgem would be investigating this issue – we need a serious review of the competitive practises of energy companies by the regulator.”

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