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MSE news: Ogfem to be given powers to cut energy prices, under Labour plans

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Ofgem will be given powers to order suppliers to cut prices by the end of the year if Labour wins the general election ...
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'Ofgem to be given powers to cut energy prices, under Labour plans

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'Ofgem to be given powers to cut energy prices, under Labour plans

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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You can just imagine them round the conference table: "Things we can win the election on: NHS, Energy Prices"
The NHS in Wales is far, far worse than England. Average energy prices have fallen from £1264 to under £1k.
Now what?
Erm.....I know - state price intervention - it worked so well for the Soviets!
:rotfl:
(
A wise man speaks when he has something useful to say, a fool speaks merely to hear his own words. )
Is a reference to Ed .
The CEO of the worst utilities companies will be arrested and transported to the Sahara desert. Their sufferings will be televised. Customers of each utility get to select a customer satisfaction rating per account, say 0 to 100.
When the customer service gets better, the customer can change his rating.
Every week, the most improved scores gets you a chance to talk to the audience. The CEOs get to plead their case, or slag off other CEOs. They can say what they will do when they get out. Everybody can call in to vote, and the most votes gets him out of the desert.
The last CEO left should be tar and feathered before being released into the desert. If his company wants to, they can come and get him.
Any else seen immense irony in this post?
:rotfl:
Tweety Pie,
I assume you have fall off your perch and bumped your head?
The only irony is that you nothing to say or have a solution to the problem.
Who is to blame Tory coalition, Ofgem, energy companies or people like you whom troll the genuine complainants?
Your comments about labour MP's was way of the mark? Energy is not a devolved power to local governments.
DECC run the show in the UK or is it Ofgem or are Ofgem not fit for purpose? Would you like to give a real answer tweety pie?
I'm also with First Utility but about to switch. I got an email today about price changes from 11th April 2015. The standing charge has more than trebled. The day unit rate has also increased (Economy 7 tariff). Only the night rate has decreased. And yet the email states "For the majority of our customers this will mean a 3.6% decrease in the amount they pay annually". This is the trouble with standing charges - it seems headline price changes generally only reflect the unit rates - standing charges are often not factored in. OFGEM should have either abolished standing charges or standardised them so there was more clarity on price. Their "simplification" was nothing of the sort.