Opposition Day — Put Over 75s on Cheapest Energy Tariff and Reform Energy Market — 24 Oct 2012 at 15:50

The majority of MPs voted against putting all those over 75 on the cheapest energy tariff; against reforming the Energy Market by breaking the dominance of the big six energy companies; against allowing new businesses to enter the market driving down energy prices; and against introducing a new energy regulator with the power to force energy companies to pass on price cuts when wholesale costs fall.

The rejected motion stated:

• That this House
• notes that annual energy bills have risen by more than £200 since May 2010, with further price rises on the way;
• calls on the Government to help families and pensioners with their energy bills this winter by requiring energy companies to put all people aged over 75 on their cheapest tariff; and
• further calls for it to reform the energy market to break the dominance of the Big Six by requiring them to sell power into a pool, and allowing new businesses to enter the market, thereby increasing competition and driving down energy bills for all, and to replace Ofgem with a tough new energy regulator with the power to force energy companies to pass on price cuts when wholesale costs fall.

Debate in Parliament | Source |