Labour’s campaign to help families struggling with soaring energy bills is gathering momentum. We have launched our SwitchTogether campaign to help families get a better deal. If you’re interested in signing up and seeing if you can get a better deal through collective switching, visit www.switchtogether.org.uk.
We’re also upping the pressure on this shambolic Government to sort the energy market out – particularly the energy giants who are ripping people off.
Labour called a debate in the Commons last week to demand real help for people who are paying more because the Government has failed to stand up to these companies. As we’ve come to expect, this Government has the wrong priorities and is standing up for the wrong people.
There are massive energy challenges facing this country and we need to think seriously about how we’re going to ensure there is enough affordable energy to go round. Unlike this Government, Labour is prepared to stand up to powerful vested interests in the energy industry. Our plans would provide real help now, as well as reform the way our energy market works for the long-term. We would require energy companies to put all over-75s on their cheapest tariff, which could save as many as four million pensioners as much as £200 a year from their annual energy bills. We would force the energy generating companies to pool the power they produce and make it available to any energy retailer, in an attempt to open the market and to put downward pressure on prices. And we would abolish Ofgem, the energy market regulator which is failing to keep the prices in check, and create a tough new energy watchdog with a statutory duty to monitor wholesale and retail energy prices, and the power to force energy suppliers to pass on price cuts when the cost of wholesale energy falls.