Taking Action to cut Energy Bills for the lowest paid:
A few days ago, I mentioned that I had asked the Energy Minister to take action against energy companies who were Charging unfair extra costs to customers who did paid on time, but did not pay by Direct Debit.
Yesterday, with a number of other MPs, we also wrote to the the Government urging that more is done than the energy Regulator Ofgem recommends, and to impose a price cap on energy costs for the lower paid – where it is clear there is abuse by the bigger Energy companies.
The letter is below, and is reported in the Newspapers today:
“We are writing to urge you to extend Ofgem’s proposals of 3 July 2017 by introducing an energy price cap that protects all of the 17 million families currently on expensive Standard Variable Tariff deals, not just the 2 million vulnerable ones. While these proposals are a step in the right direction it is clear we must do more to protect the further 15 million households who continue to be preyed on by the big 6 energy firms.
“As you can see from our signatures below, the idea has substantial cross-party support. It was promised in the three leading party manifestos and a temporary, relative price cap has support from most of the ‘challenger’ energy firms – the insurgents who are challenging the dominance of the ‘Big 6’ incumbents, and providing choice and stronger competition, which benefits consumers.
“We hope you will work with us and Ofgem to stop this Big-6 stitch-up, and pledge to help the millions of households who Ofgem seem set to ignore.”