Although the introduction of the Energy Price Guarantee is a broadly welcome and required intervention by the UK Government, there are number key clarifications needed.
The British Beer and Pub Association (BBPA) has called for “urgent action” from the UK Government in order to prevent catastrophe amid soaring energy bills.
The Good Law Project, Fuel Poverty Action and the Highlands & Islands Housing Association's Affordable Warmth Group is planning to sue Ofgem on allegations it has “failed to mitigate the impact of rising energy bills on consumers”.
Ofgem has announced today (26 August) it will increase the energy price cap to £3,549 per year for dual fuel for an average household once in effect from 1 October 2022.
So Energy is calling on the government to immediately increase the support available for customers to help the nation pay for a “once in a generation energy bill”.
The Good Law Project has threatened Ofgem with court action should it fail to comply with its legal duties to protect vulnerable customers amid plans to raise the energy price cap.