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Tuesday, May 9, 2017

The Conservatives’ energy price cap is not a strong and stable long-term policy

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The cap on bills is like giving in to a child’s tantrum: you save short-term grief but encourage bad behaviour in the long term

Are millions of people really being ripped off by big energy companies charging unfair prices, as Theresa May claims? It depends on whether you think people should be responsible for seeking out the best deals on the market.

If you’re one of the 1.8 million who switched electricity supplier in the past four months, you are probably paying about £900-£1,000 a year to light and heat your home.

Continue reading…

May 09, 2017 at 03:57PM

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from Adam Vaughan

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