28 Sep '13, 4pm

#Innasol founder condemns planned Labour freeze on energy bills as ‘quixotic’ and ‘reckless’ via @RenewablesNews

The recent Lib Dem and Labour Party conferences show that the UK is further than ever from implementing an affordable and sustainable energy policy according to Silvio Spiess, founder of the renewable heating company Innasol. Ed Miliband recently announced plans to persuade energy companies to freeze utility bills for two years, but Mr Spiess has described the move as ‘quixotic’ saying that Labour’s attempts to ease the burden of rising energy bills was actually a missed opportunity to deliver longer term lower household bills while also cutting the UK’s carbon footprint. “Miliband’s plan to freeze utility bills is not just misguided, it is quixotic” said Mr Spiess. “This will merely encourage energy firms to push up prices before any legislation can be passed. That does not even benefit householders in the short term, and does nothing to address the fundamental problems w...

Full article: http://www.renewableenergymagazine.com/article/innasol-fo...

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