Case Study Assignment

Case study assignment



Case study assignment

1)

In 2008, the tariffs for gas and its transportation considerably grew. At present, there is no final price of gas for companies. Tariffs for electricity for industrial consumers were increased in 2008, and surges in the prices of fuel were seen on the market. The Big Six energy firms have been asked to freeze prices by the Government until the middle of 2015, it was reported last night. The Government is calling for energy firms to commit to an immediate freeze on prices as part of a deal that could cut bills for families across the country. Tens of thousands are already struggling with high bills; with the new proposals part of a deal expected to save families around £50 every year as winter approaches.

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Government officials have been pushing energy companies not to raise prices until after the next election in return for taking £50 of green levies off gas and electricity bills. One source at an energy company said between £20 and £25 could be saved by making changes to the energy company obligation (Eco) - a program to cut energy usage for the most vulnerable households. Another £12 could be saved by shifting the warm home discount, giving poorer households money off their electricity bills, into general taxation. Network companies are also being asked to find some modest savings.

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Mr Miliband will set out a range of energy policies in an attempt to show that Labour's vision in the area is not restricted to the 20-month price freeze which he announced at party conference in September. He will claim that these represent the biggest shake-up of the energy market since the privatisations of the 1980s. Mr Miliband's new plan for an energy security board will be modelled on the Office of Budget ...