The energy companies are at it again! Refusing to pass on cost cuts, despite crude oil being $100 cheaper than the summer - down from $146 in July to just $46 a barrel. Given the economic situation it's right that cuts are passed on immediately to bill payers.
So yesterday we re-launched the windfall tax campaign with a letter to The Observer and Fabian Hamilton MP has tabled Early Day Motion 268 'Windfall Tax On Energy Companies'. We urge you to write to your MP today and urge them to support EDM 268 and write to the Secretary of State for Energy and Climate Change.
As 6 million people face fuel poverty and as millions of us struggle to make ends meet in tough economic times, the energy companies continue to struggle with a very different dilemma: what to do with all their windfall profits. We continue to get record bills, whilst they continue to make record profits.
This is a call to action: please use our template letters to lobby your MP today and write to the Secretary of State for Energy and Climate Change. Encourage your friends, family, neighbours and work colleagues to do the same.
Just as the government has been prepared to intervene to ensure people get a fair deal from the banks, so government should intervene to ensure people get a fair deal from energy providers, that's why the government should now be prepared to levy a sensible one-off windfall tax. Let's not force people to heat or eat this Christmas.
We're glad that the Secretary of State for Energy and Climate Change recently refused to rule out a windfall tax. In the US President-Elect Barack Obama has promised a 5 year windfall tax on energy and oil firms to fund a $1000 rebate to every American, so why not do it here?
Lobby your MP now and let's keep up the pressure for a windfall tax and ensure people get a fair deal this winter.
Photo by Jason Skinner under the Creative Commons License.