PAC said the position of vulnerable customers, who already pay higher energy prices, was “unacceptable”.
Rocio Concha, director of policy and advocacy at Which?, said a “long-term” solution to mounting energy costs is clearly necessary.
How about the Tory government failing to secure gas reserves?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Households paying £94 extra on energy bills because Ofgem was 'too slow to act', says watchdogCustomers have picked up the £2.7bn cost of supplier failures at an extra £94 per household, the Public Accounts Committee says. The government should have implemented their rescue package earlier, like the French did. That’s because Ofgem are in the pockets of the energy providers! Needs to be disbanded
Source: SkyNews - 🏆 35. / 67 Read more »
Households paying £94 extra on energy bills because Ofgem 'too slow to act', says watchdogThe watchdog also found the price cap was 'providing only very limited protection to households from increases in the wholesale price of energy', noting that Ofgem expected prices could 'get significantly worse through 2023' Cost of living crisis for so many people. If you're struggling to comprehend how Ofgem's price caps work... CostOfLivingCrisis These government watchdogs have no resources and no teeth. They’re just put there to tick a box. ridge tokenism
Source: SkyNews - 🏆 35. / 67 Read more »
Ofgem failures to effectively regulate the energy market have cost households £2.7 billionThe Public Accounts Committee said each homeowner has paid an extra £94 warning that bills would 'very likely increase' in 2023
Source: i newspaper - 🏆 8. / 89 Read more »