If I was the competition commission the fact that prices have rose well above the amount of the gas actualy costs to import would have sent me running into the company to find out why. The fact of the matter is that since 2003 the price for electricity has rose by around 70%!

British Gas has attempted to defend its stupendous rise in profit by saying “the money generated will go into research and development to remove reliance on offshore gas and electricity”.
The rise in British Gas profits hasn’t gone unnoticed and it seems that many officials as well as the public are calling for the competition commission to step in and find out what the real cause of this increase in price is. British Gas had been under the scrutiny of the public eye of late and this is reflected in the amount of customers leaving British Gas day by day. British Gas think that a giant boom in their profits by 40% is just simply is not enough. Hopefully British Gas will be put under investigation and the UK will see some price decreases.

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