PM declares victory over ‘Big Six’ energy giants as Parliament passes price cap


THERESA MAY yesterday declared victory over the ‘Big 6’ energy giants as the Government’s Energy Price Cap was passed by Parliament.

The PM vowed the cap on 12 million bills would be in place by the winter – protecting households from “unfair price rises”.

Theresa May declared victory over the ‘Big 6’ energy giants as the Government’s Energy Price Cap was passed by Parliament
PA:Press Association

Theresa May declared victory over the ‘Big Six’ energy giants as the Government’s Energy Price Cap was passed by Parliament[/caption]

It marks a victory for The Sun after our campaign revealed customers were being ripped off by as much as £400 a year.

The price cap will set a regulated price for customers on Standard Variable Tariffs (SVTs) for gas and electricity.

It will last for a minimum of two years with the option of an extension until 2023. Business Secretary Greg Clark promised action in October 2016 when he accused the Big Six of “milking” loyal customers on rip-off SVTs to fund cut-price online deals for internet savvy households.

Energy regulator will now consult on the best way to introduce the Cap before implementing this winter.

Business Secretary Greg Clark promised action in October 2016 when he accused the Big Six of “milking” loyal customers on rip-off SVTs to fund cut-price online deals for internet savvy households
EPA

Business Secretary Greg Clark promised action in October 2016 when he accused the Big Six of ‘milking’ loyal customers[/caption]

In a statement, Theresa May said: “For far too long older people, hard-working families and those on low incomes have been subject to rip-off energy tariffs.

“Our energy price cap will protect households from unfair price rises in time for this winter when people can feel the pinch more acutely.”

It marks a victory for The Sun after our campaign revealed customers were being ripped off by as much as £400 a year
The price cap marks a victory for The Sun after our campaign revealed customers were being ripped off by as much as £400 a year

<div class="sun-row ">
    <div class="col sun-col-6">

        <div class="rail rail--classic  rail--trending theme-news">             <div class="swiper-container">

                <div class="rail__header">

                                        <h3 class="rail__title theme__after-color">MOST READ IN POLITICS</h3>



                </div>


                <div class="swiper-pagination theme__swiper-pagination"></div>

                <div class="swiper-wrapper">

HEATHWOE


'Summer of chaos' warning as Heathrow passport queues hit three and a half hours

AIR HEAD


Irish PM says he'll ban UK planes from flying over Ireland as revenge for Brexit

LANGUAGE BARRIER


Translations of Brexit plans 'so bad they could have been done by Google'

PAIR'S FAIR


How does MP pairing work and what is the Jo Swinson maternity leave row about?

SLEAZE SECRETS


MPs accused of harassment or fiddling expenses WON'T be named under new rule

BIN BOOZE TAX


Thousands of pub jobs could go if ministers don't slash beer tax

                <div class="swiper-button-prev theme__background-color-rgba-80"></div>
                <div class="swiper-button-next theme__background-color-rgba-80"></div>

            </div><!-- .swiper-container -->
        </div><!-- .rail .{rail} .swiper-video-rail .{theme-slug} -->

    </div><!-- .col .sun-col-6 -->
</div><!-- .sun-row .{row} .rail-video-index-->
</div> <!-- .sun-grid-container .sun-grid-container-{color} -->
<!--googleon: all-->

The PM added: “We know that the cost of living is still a challenge for some families and today marks an important step in helping people to keep more money in their pockets.”

                <div style="min-width: 0px;max-width: 640px">
            <div style="padding-top: 56%">
                <video class="video-js" controls style="width: 100%;height: 100%">
                </video>

                <a href="//players.brightcove.net/5067014667001/default_default/index.min.js">//players.brightcove.net/5067014667001/default_default/index.min.js</a>
            </div>
        </div>


    <!-- End of Brightcove Player -->



Source link
(Visited 1 times, 1 visits today)

113total visits,1visits today

Leave a Reply