Big six energy firms to face MPs following price hikes

http://www.theguardian.com/business/2013/oct/22/energy-price-hikes-british-gas-sse-npower

Version 0 of 1.

Bosses from the big six energy firms have been called to give evidence to a committee of MPs about recent price increases.

The energy and climate change committee said other smaller energy suppliers will also appear before parliament on 29 October.

Sir Robert Smith, the Liberal Democrat acting chairman of the committee, said: "The committee has today decided to call in the energy bosses in the context of the latest wave of price increases."

Three of the big six have announced duel fuel price rises in recent weeks – 8.2% by SSE, 9.2% by British Gas, and 10.4% by npower.

The committee said the session will explore a range of issues, including reasons and justification behind recent energy price rises, the difference of pricing policies between energy suppliers, and how the transparency of energy company profits can be improved.

Our editors' picks for the day's top news and commentary delivered to your inbox each morning.