energy

Labour campaign to ‘freeze that bill’

1375742_10151638851257411_202441859_n

Under Ed Miliband your gas and electricity bills will be frozen until 2017. Saving 27 million households and 2.4 million businesses money. Ed shares why he’d put the interests of consumers before energy companies: http://bit.ly/162o0U7

Kerry Jenkins, Hall Green’s Labour Candidate for 2014 said:

“Under David Cameron, Britain’s families are facing a cost of living crisis. Prices have risen faster than wages in 38 of the 39 months that David Cameron has been in Downing Street and energy bills have gone up by almost £300. David Cameron only stands up for the privileged few. His failure to tackle rip-off bills has meant that many people in Hall Green are struggling to pay their bills.

“Ed Miliband says Labour will freeze prices until the start of 2017 if Labour wins the next election. This will save a typical household £120 a year and this will be a huge help for many who are facing a cost of living crisis. I welcome this pledge but the reality is that people round here need help now so I’m calling on David Cameron to freeze our bills now.”

“For that to happen, we need as many people as possible to support this campaign, sign the petition and get involved. We will be launching this campaign on Saturday 9th November and you can visit us outside the Co-Op on the Stratford Road, B28 8AS between 10 and 12.”

You can sign the petition at http://action.labour.org.uk/page/s/david-cameron-freezethatbill

Ed writes to the energy companies

Ed-Miliband_1519091c

Ed Miliband MP, Leader of the Labour Party, has today written to energy companies calling on them to be part of the solution, not part of the problem, in making the energy market work in the future.

The full text of the letter is below.

In recent years we have discussed the need to rebuild public trust in the energy market many times. I think we all agree on the importance of that objective if we are to build a market that both delivers for consumers and underpins the investment in future clean energy capacity that we all want to see.

Our intention is to now reset the market that has consistently failed to secure the confidence of the public or the investment Britain needs. Doing that requires two steps.

First, it means legislating to build competition and transparency into the market, with a trusted regulator standing behind the system. Second, it means ensuring that in the time it takes to put a new system in place, up to the start of 2017, we ensure the prices paid by consumers do not rise.

A fairer market for consumers must be matched by a better deal for investors. So we have also committed to set a 2030 power sector decarbonisation target; hold to the system of contract for difference in the Energy Bill; create an Energy Security Board with responsibility for identifying our energy needs and providing a clear framework to deliver this; and give the Green Investment Bank borrowing powers to support investment.

We believe that this framework will create certainty and attract the range of domestic and international investors we need in the years ahead.

I appreciate that you will not welcome all aspects of this package. But it is my firm view that without resetting the market we are not going to see the public consent that is required to underpin the scale of taxpayer backed guarantees for which you have argued.

I am prepared to make the case for sharing the risks of such investment, but that must be against the backdrop of a market that customers believe works for them.

You and I know that the public have lost faith in this market. There is a crisis of confidence. We face a stark choice. We can work together on the basis of this price freeze to make the market work in the future. Or you can reinforce in the public mind that you are part of the problem not the solution.

This is a genuine opportunity to reset the energy market in the interest of consumers and investors. Caroline Flint and I stand ready to work with you on these proposals in the months ahead. I look forward to continuing to discuss them with you.

Yours sincerely,

Rt Hon Ed Miliband MP

We’re Rebuilding Britain