North East energy bills up £173million

Gas and electricity bills are soaring.
Gas and electricity bills are soaring.
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A BID to end soaring energy prices, which have cost North East families millions of pounds, is set to be unveiled today.

Labour is to pledge a shake-up in the energy market to end the dominance of the six big firms blamed for increasing prices while boasting huge profits.

The increases over the last year are estimated to have cost families in the region an extra £173million.

Under Labour’s plans, EDF, British Gas, E.On, Scottish and Southern, Npower and Scottish Power would no longer be allowed to produce gas and electricity and then sell it themselves.

Instead, the energy would go into a central pool and be sold at only a slightly higher price.

Labour said that even if people shop around currently, their supplier still ends up increasing prices.