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Labour sets out 3-point energy plan as it slams 'out-of-touch' government Labour is set to talk tough on energy market reform in an Opposition Day parliamentary debate this afternoon. In a policy review document published in advance, the party set out a three-point plan to keep down energy bills. A Labour government would replace Ofgem with a more powerful watchdog, require energy companies to pool the power they generated and put over-75s on their cheapest tariff, it said. Shadow energy secretary Caroline Flint MP said: "The time has come for a complete overhaul of our energy market, and Labour is the party with the ideas and strength to meet the massive challenges facing the country." The party characterised the coalition government as out of touch and accused it of putting the interests of big energy companies ahead of customers. "Families struggling with soaring energy bills and facing more price rises this winter deserve better than this shambolic government and clueless prime minister," continued Flint. "We need a One Nation government to break the dominance of the energy giants, protect vulnerable customers from being ripped off and create a tough new energy regulator with the power to force energy companies to pass on savings to consumers." Source: Utility Week Comments
By UKIP will keep the lights on A three-point action plane from Labour:- 1. Kill the messenger with bad news (Ofgem). 2. Pool limited energy (not increase energy available) 3. Over 75s to be put on cheapest tariff (would the not be already?) 4. Er..That's it. By Poor effort from Labour if this is the best Her Majesty's Opposition can come up with they might as well not have bothered. By Out of touch Labour A 3-point plan which says in essence someone needs to do something because we have no idea. By rugbygirlsdad That's going to be interesting given that most of the companies' cheapest tariffs are "internet only" and I'm guessing that internet penetration is lowest among over 75s. Not sure how a "stronger watchdog" would bring down prices given that government/regulatory costs already account for 10%-11% of customers' bills. © Faversham House Group Ltd 2012. News articles may be copied or forwarded
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