Today Shell announced £20 billion in profits – four times higher than 2020/21 with their CEO calling it “a momentous year”. But they won’t be asked by the Government to pay a penny extra towards protecting consumers from rocketing bills. Meanwhile, from April people in Dagenham and Rainham and across the country will be paying up to £700 a year more for their energy.
This week Citizen’s Advice contacted Jon Cruddas MP regarding the cost of living crisis, how it is being exacerbated by rising energy prices, and the implications of this for people living across Dagenham and Rainham. It is estimated that energy bills could go up by £700 per household when the price cap increases in April. This has the potential to push thousands of local people into fuel poverty overnight.