Construction News
24/03/2009
Miliband Backs New Protection For Pre-Payment And Other Energy Consumers
Action to clamp down on unfair practices in the energy market was strongly backed by Energy and Climate Change Secretary Ed Miliband.
The gas and electricity regulator Ofgem unveiled a package of new rules for energy suppliers that will give consumers more power and help to seal the flaws in the retail market identified in the last year's market probe.
Mr Miliband said: "The overcharging of some of the most vulnerable customers exposed in the Ofgem probe was inexcusable.
"That is why it is right that Ofgem is acting to ensure that wherever you live and whatever payment method you use, you will not be unfairly discriminated against.
"We need tough regulation to protect consumers and that is why I welcome the Ofgem proposals. I believe this is the quickest way to end the unfairness that exists.
"However, if it turns out the regulator and the suppliers can't rid the market of unfair practices once and for all, I continue to stand ready to use legislation.
"The government and regulator must be eternally vigilant on behalf of the consumer."
For further info visit: Ofgem Unveils New Rules For Energy Suppliers
(CD/JM)
The gas and electricity regulator Ofgem unveiled a package of new rules for energy suppliers that will give consumers more power and help to seal the flaws in the retail market identified in the last year's market probe.
Mr Miliband said: "The overcharging of some of the most vulnerable customers exposed in the Ofgem probe was inexcusable.
"That is why it is right that Ofgem is acting to ensure that wherever you live and whatever payment method you use, you will not be unfairly discriminated against.
"We need tough regulation to protect consumers and that is why I welcome the Ofgem proposals. I believe this is the quickest way to end the unfairness that exists.
"However, if it turns out the regulator and the suppliers can't rid the market of unfair practices once and for all, I continue to stand ready to use legislation.
"The government and regulator must be eternally vigilant on behalf of the consumer."
For further info visit: Ofgem Unveils New Rules For Energy Suppliers
(CD/JM)
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