Energy firms face grilling on electric and gas prices
Published on : 06/02/2009
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The UK's big six energy firms are set to face a select committee of MPs, which will question their pricing decisions.
Scottish and Southern Energy, Scottish Power, DF Energy, E.ON UK, RWE Npower and Centrica will be expected to reveal their price outlook for 2009 and proposed future investments in energy infrastructure and generation capacity.
Of the six main players in the UK energy market only Centrica-owned British Gas and Scottish Southern Energy have lowered their prices since the start of the year.
SNP energy spokesman Mike Weir said: "We want to know why their prices are not falling in line with wholesale price cuts and what they are going to do to bring them down.
"We also want to know about what investments they are planning on new generation power plants."
British Gas was the first energy firm to reduce its tariffs, knocking 10 per cent off its standard tariffs and nine per cent off its zero carbon deal.
