Terms and conditions Privacy policy Contact us Sitemap Home About LGA Our work Media centre Publications Events firstonline Sign in Energy suppliers have dramatically increased their dividend payments to shareholders by £257 million over the last year despite claims that high profits are needed for re-investment in energy infrastructure, new research published today has revealed. The Local Government Association, a cross-party organisation representing more than 400 councils in England and Wales, commissioned independent experts SQW energy to investigate the published financial statements of the six major energy suppliers. Its analysis found that dividend payments have risen from £1.378 billion in 2006 to £1.635 billion in 2007, a 19 per cent increase and equivalent to £75 per household.

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5 September 2008
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