Unite’s Sharon Graham blasts Ofgem as ‘not fit for purpose’
‘The price cap may be down but energy bills for millions of households will still be crippling’.
‘The price cap may be down but energy bills for millions of households will still be crippling’.
Distribution network operators have higher profit margins than any other sector in the UK, and expects operators to register profit margins of more than 50% in 2022.
The Good Law Project said that before raising the cap, Ofgem is legally required to provide evidence it has carried out a proper impact assessment and consider appropriate mitigation measures for the most vulnerable, including a lower social tariff.
Simon Francis, co-ordinator for the End Fuel Poverty Coalition, said the decision was “simply inhumane”.
While the Big Six’s profits from us increased fivefold from 2009-2013, one in four people struggle to pay their extortionate fuel bills
The poorest 10 per cent of households have seen their energy bills rise nearly twice as fast as other households.
David Cameron has finally made his energy policy position clearer – it turns out it is somewhere near to suggestions from IPPR.