Opposition Day — Energy Prices — Require Energy Companies to Pass Savings to Customers When Wholesale Prices Fall — 14 Jan 2015 at 16:20

The majority of MPs voted against requiring energy suppliers to pass savings on to consumers when wholesale costs fall.

The text of the motion rejected in this vote was:

• That this House
• notes the policy of the Opposition to freeze energy prices until 2017, ensuring that prices can fall but not rise; and
• calls on the Government to bring forward fast-track legislation immediately to put a statutory duty on the energy regulator for Great Britain to ensure that energy suppliers pass on price cuts to consumers when wholesale costs fall, if suppliers fail to act.

Debate in Parliament | Source |