Press release
British Gas bosses reap rich rewards for failure
23 February 2012
Commenting on British Gas owner Centrica's huge £2.4billion annual profits, announced today, Friends of the Earth's Energy Campaigner Paul Steedman said:
"Centrica bosses and shareholders are set for bumper pay-outs while British Gas customers pay the price with sky-high energy bills - and Britain becomes ever more dependent on expensive, imported coal and gas.
"The big energy firms are reaping rich rewards from a failing energy system - ripping us off by keeping us hooked on dirty fossil fuels and through wasted energy.
"The Government must call a public inquiry into the Big Six's influence and back clean British power sources, to ensure we have energy we can all afford."
ENDS
Notes to editors
- Tens of thousands of people have joined Friends of the Earth's Final Demand campaign, launched in October last year, which calls for energy we can all afford and a public inquiry into the power and influence of the Big Six energy companies.
- British Gas today reported profits of £522million.
- One in four households are in fuel poverty, according to Consumer Focus figures from December 2011.
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Published by Friends of the Earth Limited
Last modified: Feb 2012
