Xmas > Christmas News

Risk of Another Cold Winter

Tue, 26 Nov 2013
The Office of Gas and Electricity Markets (Ofgem) has recently judged the high prices set by gas and electricity suppliers in the country, the BBC reports.

The profit margins of energy firms are supposedly causing a deep mistrust by the consumers. Apparently, Ofgem have published data showing that the profit margins of these large companies rose by 1.5% between 2011 and 2012, leaving the current average profit margin at around 4.3%.

Ofgem works independent of both the government and the energy companies, and state on their website that they promote "value for money", "security of supply" and "sustainability".

In support of this, Age UK apparently urged the government to work to lower energy bills, saying that current prices are "shameful", and that the frail and elderly will struggle to heat their homes sufficiently this Christmas.

A supposed 31,100 excess deaths occurred last winter, a season which extended its harsh cold all the way into March, which had an average monthly temperature of just 2.6 degrees Celsius.

This large amount of deaths is linked to low temperatures and the effect the cold can have on the respiratory system and the prevalence of viruses.

Age UK said they "strongly believe the only sustainable solution is investment to increase the energy efficiency of our housing stock so cold homes become a thing of the past."
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