Submitted by Christine Hallett on Friday 16th February 2024
Published on Tuesday 27th February 2024
Current status: Open
Open until: Tuesday 27th August 2024
Current Signatures: 37
(count is updated approximately hourly)
Relevant Departments
Review consumer prices and profit making in the energy sector
In recent years energy prices have shot up. This has been justified by Ofgem on the basis of increases in wholesale prices for gas and electricity, but with some companies making record profits we want the Government to review the energy sector, how prices are set, and what profits are made.
The Government is supposed to work for the people to ensure we have what we need. We believe energy companies are taking advantage of their position to supply a commodity people cannot live without. Companies are making substantial profits off people who have no choice but to pay high prices for energy. British Gas profits have increased from £72m in 2022 to £751m in 2023. According to recent estimates, in the UK, 13% of households in England, 20% in Scotland, 14% in Wales, and 24% in Northern Ireland are in fuel poverty.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
3.144.86.138 Sat, 27 Apr 2024 08:20:19 +0100
