On the day that Liberal Democrat Leader, Nick Clegg has called for ambitious action to improve energy efficiency and secure the UK's energy independence, E.ON has announced its decision to raise gas prices by a quarter and electricity prices by 16%.
Commenting, Nick Clegg said:
"Millions of people will get a huge shock when they realise how much it will cost to heat their homes this winter. For the most vulnerable people the effect will be devastating.
"One by one, the major energy companies are lining up to clobber customers with enormous price rises.
"Labour has allowed the energy giants to act as they please. It is unacceptable that on this Government's watch these companies have benefited from a £9bn windfall, yet they continue to turn the screws on people who are already struggling with high prices.
"Energy companies should be compelled to put some of this money back into insulating the homes of their poorest customers."
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