Rejected petition Stop ofgem charging customers for debt when paying shareholders dividends.

Ofgem should not be adding 16 pounds to bills to cover shortfalls in their trading and debt recovery. It is not the responsibility of those customers who pay there bill to bail out those private companies who are posting huge profits and paying dividends to shareholders.

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These companies should be forced to use all profits to relinquish debts and not pay any dividends until they clear these debts.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

We can only accept petitions about things the Government or Parliament are directly responsible for. Decisions about the energy price cap are a matter for Ofgem, not the UK Government or Parliament.

Ofgem is consulting on its proposals to add a temporary allowance in the energy price cap for additional bad debt-related costs. You can find out more about these proposals, and respond to Ofgem's consultation here: https://www.ofgem.gov.uk/publications/energy-price-cap-additional-debt-costs-review-consultation

We only reject petitions that don’t meet the petition standards.

Date submitted 16 December 2023
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