This petition was submitted during the 2019-2024 parliament
Rejected petition Conduct an Urgent Public Inquiry into Energy Pricing and Price Cap Justification
We demand Govt seeks to force all involved Govt Institutions, Energy & Business Orgs to publicly disclose a fully itemised and transparent breakdown of every single Price Cap increase to date, and all future increases, to deliver a full public justification for said increase(s) at any given time.
More details
This latest price cap rise =
An 80% increase between July £1,971 and October £3,549
A 222% increase in less than 2 years.
People no longer have to choose between heating and eating, they can no longer afford to do either.
People will perish and die, it’s as simple as that, whether the Government admit to this or not, it’s now a wider increased risk!
Energy prices are predicted to increase AGAIN by another 20%-30% in January, then again in April, with an already mooted by analysts tipping £7k+!
This petition was rejected
Why was this petition rejected?
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Ofgem already publish the methodology for the price cap. You can read about the latest increase here
https://www.ofgem.gov.uk/publications/default-tariff-cap-level-1-october-2022-31-december-2022
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