Eco-friendly electric company to freeze prices

A green company has bucked the trend of huge energy price rises by freezing its energy prices until at least 2012. Good Energy yesterday made a commitment to keep prices at their current rate for at least the next twelve months.

The company’s energy tariff has not risen since August 2008 and the move contrasts starkly with the double-digit price increases announced by three of the “Big Six” energy firms in recent weeks.

British Gas is increasing energy prices by 16 per cent on average, while Scottish Power is increasing prices by 10 per cent and Southern Energy 11 per cent.

Analysts said that large energy suppliers should take note because the savings associated with renewable energy firms would become increasingly attractive to hard-pressed households.

Wiles Greenworld, the London office supplies distributor which has achieved energy efficiency of over 20% since 2008 applauded the move by Good energy. The company believes increasing prices will steer more businesses towards greener energy and efficient consumption.

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