Energy campaigner and Don Valley MP Caroline Flint has welcomed the Ofgem announcement that the energy price cap will be in force by end of 2018, saving Don Valley residents an average of £75 on their energy bills.
Commenting on the latest Ofgem figures, Caroline Flint said:
“The fact that 57% of customers are still on expensive standard variable tariffs is appalling, but that the major energy companies such as SSE and British Gas offer such poor value to the many, yet provide deals that are £300 cheaper for the few who shop online is breath taking.
Energy campaigner Caroline Flint today called on the Prime Minister to scrap their draft energy price cap bill and introduce a price cap now.
The MP has campaigned for a price cap for all standard variable tariff customers, says the Government has ample powers but their policy is beset by confusion and indecision.
Labour has won the argument on energy bills. Now the Tories must deliver.
Theresa May’s defence of free market capitalism didn’t begin well. The headline from that speech – aside from the various calamities – was a price cap imposed on a failing energy market.
Caroline Flint has called on the Prime Minister to cap energy bills. The MP's name heads a list of 192 MP's, which includes 76 Conservative MPs, calling on the Government to introduce an energy price for customers on standard variable tariffs.
The full text of the letter to the Prime Minister is printed below.
Commenting on the letter, Caroline Flint said: "I favour an absolute cap, not a relative one. The Government has already asked Ofgem to set a maximum unit price paid by any customer with a prepayment meter. That approach be extended to the sixty per cent of customers on standard variable tariffs."