Caroline Flint MP, Labour’s Shadow Energy and Climate Change Secretary, commenting on the publication of the Energy and Climate Change select committee’s Consumer Engagement with Energy Markets report and consumer group Which?’s The Imbalance of Power report, said:
“Britain’s energy market is not working in the public interest. For too long energy companies have been able to get away with ripping people off.
“The time has come for a complete overhaul of our energy market. Labour would abolish the regulator Ofgem and create a tough new watchdog with powers to force energy companies to pass on price cuts and clamp down on abuses by the energy giants.
“Families struggling to heat their homes this winter need a One Nation Labour government to break the dominance of the energy giants, simplify tariffs and protect vulnerable customers from being ripped off.”<div>