“Failure to tackle our broken energy market means hard-up customers pay more” – Rebecca Long Bailey
Rebecca Long Bailey MP, Labour’s Shadow Secretary of State for Business, Energy and Industrial Strategy, commenting on the draft energy price cap legislation, said:
“The Government’s continued failure to tackle our broken energy market means hard-up customers have to pay more while the profits of the Big Six continue to soar.
“Theresa May promised a price cap during the election campaign. We are now almost on the other side of winter and with four million households affected by fuel poverty in the UK, the Government must not delay this legislation any further.
“Labour will introduce an emergency price cap to ensure that the average bill remains below £1,000 per year, while we transition to a fairer system for bill payers. We will radically reform our broken energy market, creating publicly owned, locally accountable energy companies and co-operatives to rival existing private energy suppliers.”