Eco-Living Magazine

Freezing Winter Meant Massive Profits For Gas Companies

Posted on the 27 February 2013 by Ecoexperts @TheEcoExperts

Freezing Winter Meant Massive Profits For Gas CompaniesBRITISH Gas has reported a rise in profits after more gas was used to tackle the cold weather.

They reported a 12% increase in gas consumption in homes creating an extra £606m in profit.

Despite the huge amounts of profit, British Gas, along with the other main suppliers, still increased their prices at the end of last year.

A spokesperson for the EcoExperts said: “It’s quite hard to stomach that while millions of people are struggling to pay their energy bills, large corporations are reporting huge profits. Energy prices are just going to increase and increase and unless there is stricter government legislation, we see that very little is going to change as the years go by.

“We suggest doing all you can to save as much energy as you can, turn off appliances, use energy saving lightbulbs, fit double glazing. However, one of the best ways to remove your reliance on big energy companies, is to create your own energy.

“If you were to install a solar panel, your energy would be free, because it is you who is generating it. You also get paid by the government to do so.”

Freezing Winter Meant Massive Profits For Gas Companies

A spokesperson for Centrica, which owns British Gas, said while they had raised their prices, the amount at which they did was much lower than their competitors.

He also said their profits per household had actually decreased, and the company made only £50 profit per head.

The Eco Experts spokesperson continued: “Obviously British Gas are a business who have a duty to their shareholders, however, that means little to the family who are having to go without heating because they simply cannot afford it. We want to encourage people to rely less on big companies, and instead look to ways they can save energy and create their own.”

You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Big Food Giants Manipulate Public Health Policy in China

    Food Giants Manipulate Public Health Policy China

    Coca-Cola is at it again. As soda sales decline in the United States and Europe, beverage companies look to emerging economies like China for growth. And, it... Read more

    The 15 January 2019 by   Dietdoctor
  • Jewellery for a Precious You

    Jewellery Precious

    Jewellery is always close to a woman’s heart. It completes her look and boost confidence. Considering the changing trends in jewellery fashion, it becomes... Read more

    The 15 January 2019 by   Dr.jenifer Sayyed
  • Rajshri Productions’ Next Is A Film On Friendship | Hum Chaar | Trailer

    Abhishek Dixit’s debut feature film Hum Chaar is a Bollywood film made under the banner of Rajshri’s film. Hum Chaar is written and directed by Abhishek Dixit. Read more

    The 15 January 2019 by   Themoviean
  • Saint Paul the First Hermit

    Saint Paul First Hermit

    Today is the feast day of Saint Paul the hermit. This is a sweet and delicate Oatmeal Bread topped with rolled oats and naturally sweetened with agave. Saint... Read more

    The 15 January 2019 by   Veronica46
  • Irupathiyonnaam Noottaandu | Teaser | Pranav Mohanlal | Arun Gopy

    Arun Gopy’s Irupathiyonnaam Noottaandu is an upcoming Malayalam action-drama feature film starring Pranav Mohanlal and Zaya David in the lead roles. Read more

    The 15 January 2019 by   Themoviean
  • A Year Of Body Positivity

    Year Body Positivity

    Last January, as I sat there on New Years eve all set to make the same old resolutions I've made year after year for as long as I can remember, I realised how... Read more

    The 15 January 2019 by   Sparklesandstretchmarks
  • Garden Bloggers Bloom Day – Jan 2019

    Garden Bloggers Bloom 2019

    Euphorbia rigidaWhen I went out to take the photos for this blog post I was surprised at how much was in flower dotted around the garden. Read more

    The 15 January 2019 by   Patientgardener