Ed Davey, the Energy Secretary, has pleaded with energy companies to explain their profits ie to be more "transparent".
Ofgem has also been criticised in a report by MPs on the Energy Committee, for failing to do enough to tackle profiteering by energy companies.
That's all very well, up to a point. However, the MPs seem to forget that taxes and green energy surcharges also add to the financial burdens of the hapless energy consumers.
Showing posts with label green. Show all posts
Showing posts with label green. Show all posts
Monday, July 29, 2013
Monday, January 28, 2013
The Great Green Loan Rip Off
The government has announced today, with all the usual fanfare and razzmatazz, that those wishing to improve the energy efficiency of their homes will be able to borrow money to buy energy efficient boilers and to insulate their homes etc.
However, what the government doesn't tell you is that the interest rates charged on these "green loans" will be relatively high, and that the "green assessors" (doubtless trained at taxpayer expense) who will visit your home to asses its "green needs" will charge for their services.
In other words it is a rip off!
However, what the government doesn't tell you is that the interest rates charged on these "green loans" will be relatively high, and that the "green assessors" (doubtless trained at taxpayer expense) who will visit your home to asses its "green needs" will charge for their services.
In other words it is a rip off!
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