Energy profits 'eroding trust'

Trust in the energy market is being undermined by a lack of transparency about profits being made by companies, MPs warned today.

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Energy firms 'profiteering at expense of public'

More needs to be done to stop the Big Six energy companies profiteering at the expense of hard-pressed households and the planet, charity Friends of the Earth said today, after MPs warned profits were seen to be "eroding trust".

Energy campaigner Guy Shrubsole said:

MPs have hit the nail on the head - more needs to be done to stop Big Six profiteering at the expense of hard-pressed households and the planet.

The energy companies continue to rake in huge profits while the Government fails to insulate our heat-leaking homes and keeps us hooked on the gas that's sent our fuel bills spiralling.

Ministers must set a clean power target to make the big energy firms invest in affordable renewable energy - and open up the market to communities generating their own renewable power from wind and solar schemes.

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