The recent energy price hikes make people understandably angry, says the Archbishop of Canterbury, who called on big power companies to be ‘conscious of their social obligations’. Justin Welby insisted the Big Six power companies had an obligation to behave morally rather than just maximising profit. Last week Scottish and Southern Electricity announced an 8.2 per cent price rise, and British Gas followed that with the announcement that its electricity prices were to surge by 10.4 per cent and its gas prices by 8.4 per cent from 23 November. The rises would mean £125 a year added to the bills of almost eight million customers. Whilst blaming a range of external factors, the company said it ‘understood the frustration’ of consumers. Speaking to the Mail on Sunday, Mr Welby said: ‘The impact on people, particularly on low incomes, is going to be really severe'.
Pray: that the energy firms will consider their moral obligations rather than just maximising profit. (Lk.12:15)