The FM said this Friday's announcement of the energy price cap rise for October would herald a 'disaster' for many Scottish households
Nicola Sturgeon has renewed calls for an energy price freeze as she warned of a “looming disaster” if the price cap rise comes into effect in October. The Scottish First Minister is to convene a crisis summit with the leading energy companies ahead of Ofgem’s latest energy price cap announcement which is due on on Friday.
The meeting will pull together major energy suppliers, including Scottish Power, OVO Energy, Centrica, Octopus and E.ON as well as industry bodies and anti-poverty groups such as the Poverty Alliance and Energy Action Scotland. The SNP leader called for a cancellation of the next increase in the energy price cap, and for the financial support already offered by the UK Government to be doubled.
Scottish politics The First Minister said renationalisation of energy companies “should be on the table”, but Scotland did not have the power to do that.