This petition was submitted during the 2019-2024 parliament
Rejected petition Order Ofgem to not increase (and ideally reduce) the energy price cap in October
This petition is requesting that Ofgem reduces the price cap in October, and directs energy companies to not have differential tariffs for non-direct debit paying customers. Government should support those energy companies in difficulty and reduce the standing charge impact to consumers.
More details
Ofgem have the power to control the domestic and commercial energy market, and the impact this has on the lives of millions. Energy underpins goods production, health, wealth and a key driver of inflation. If Ofgem reduced the price cap and standing charges, and instead the Goverment used the additional VAT and unexpected windfalls to support industry shortfalls, this would have a material impact. This is a much simpler and likely cheaper mechanism than providing funds direct to the public.
This petition was rejected
Why was this petition rejected?
It’s about something that the UK Government or Parliament is not directly responsible for.
The calculation of the energy price cap is a matter for the regulator Ofgem, which is operationally independent of the UK Government and House of Commons. You can find out more about how the price cap is calculated here: https://www.ofgem.gov.uk/information-consumers/energy-advice-households/check-if-energy-price-cap-affects-you.
We have published the following petitions, which you might like to sign:
Introduce a "Triple lock" to restrict energy cap increases: https://petition.parliament.uk/petitions/621347
Reform energy pricing and taxes to better protect lower income households: https://petition.parliament.uk/petitions/621407
Subsidise a 'basic' amount of electricity for households: https://petition.parliament.uk/petitions/616915
We only reject petitions that don’t meet the petition standards.