'Cheap' energy company puts prices up by 13%published at 10:02 BST 17 August 2018

A council-owned energy firm which claims it's a force for social good and that it offers Bristolians cheap energy bills has just put its prices up by 13%.
The move by Bristol Energy has sparked a fiery response from the boss of a competitor, who says the company is doomed to fail and will cost taxpayers millions of pounds.
Dale Vince, who owns Ecotricity, said "it's bonkers people in Bristol are subsidising cheap energy for people living elsewhere in the country".
He added its business model of enticing customers on cheap deals "was not sustainable".
But Peter Haigh, managing director of Bristol Energy, said: “We should admire Bristol for being visionary.
"Councils are facing tough times, which is exactly why the city council set up an energy company, to help provide extra funds for the city.
"We’re on track to start paying back by 2021, and the more people that join us the sooner we’ll get there. We are part of the solution," he added.






