Downing Street Says » Energy prices

» Monday, October 17, 2011

Energy prices

Asked why the Prime Minister could not simply tell energy companies to cut their prices, the PMS said that we thought the best way to deliver lower prices for consumers was to ensure we had a properly functioning, competitive market. He said that Ofgem were looking at whether there were areas where competition could be increased. We were also looking at ways to reduce customers’ bills by ensuring more people switched suppliers to get better deals and used less energy by taking action such as insulating their homes.

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