During Prime Ministers Questions on Wednesday 13 February, Steve McCabe MP asked Theresa May about the failure of the governments’ flagship policy to cap energy prices.
Mr McCabe asked the Prime Minister how she thought she was doing on her promise to end rip off energy companies less than a week after Ofgem announced they were increasing the energy price cap after only six weeks.
Theresa May had no answers for the estimated 2.5 million households living in fuel poverty.
On Thursday last week Ofgem said they were relaxing her energy cap from April, literally six weeks after it came into force, which will see more than £100 per year added to household energy bills. Days after Eon announced a 10% price increase.
An estimated 2.55 million households in England are defined as fuel poor and a shocking 17% of households in Birmingham Selly Oak constituency and 13.7% of households in the West Midlands.
Steve McCabe MP said:
“The Prime Minister had no answers for the 2.5million households in England living in fuel poverty and seemed oblivious to the fact her energy cap has been a total failure. It’s obvious that Ofgem never really treated her policy seriously and she’s just too weak to deal with them.
“We need a much stronger regulator who will stand up for consumers and we need a proper cap that does not allow the interests and profits of the energy companies to come first.”