This will sort out the adults from the children in the House of Commons. From LabourList:
Labour will be holding an Opposition Day debate on a motion “requiring the Government to introduce fast-track legislation giving Ofgem the powers to cut bills when wholesale prices fall but the energy firms do not cut bills for customers” [taking place tomorrow – Wednesday, January 14].
Mr Miliband said that the “zombie Government” has had no meaningful legislation for months, but this is an opportunity to cut energy bills and do something for the British people.
He said: “Millions of people have been ripped off by the big energy firms who never seem to pass on savings to customers. In the last year, wholesale energy costs have fallen by between 9 per cent and 20 per cent but no supplier has reduced the price of their standard tariff.
“The next government is committed to making to big changes in our energy market: freezing energy prices until 2017 so that bills can fall but not rise, resetting the market and bringing in a tough new regulator to stop the rip-offs in the future.
“But now George Osborne, who used to warn such measures were impossible, is claiming he understands that the energy market is broken. So next week, we’ll give him, David Cameron and Nick Clegg the chance to help all those families they have been ripped off by the energy companies under this government.”
This should be fun – if only because of the excuses we’ll hear.
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