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Energy Price Cap

Part of the debate – in the House of Commons at 3:36 pm on 3rd July 2017.

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Photo of John Penrose John Penrose Conservative, Weston-Super-Mare 3:36 pm, 3rd July 2017

To build on my right hon. Friend’s most recent answer, some 17 million families are being ripped off by expensive standard variable tariff deals. Ofgem’s proposals will deal with at most 3 million of them, leaving 14 million still being preyed on by the big six energy firms. Does my right hon. Friend agree that Ofgem’s proposals will be viewed as a great betrayal of those 14 million households? If we are going to create an economy that works for everyone, will he distance himself from this big six stitch-up and pledge to help the millions of households that Ofgem seems set to ignore?