Submitted by Lyndon Prescott on Thursday 5th December 2024
Published on Tuesday 28th January 2025
Current status: Closed
Closed: Monday 28th July 2025
Signatures: 91
Relevant Departments
Tagged with
Affordable ~ Companies ~ Energy ~ Ensure ~ Extreme ~ Fuel ~ IMPACT ~ investment ~ Poverty ~ Price ~ price hikes ~ Privatisation ~ Reviewed ~ risk ~ Risks ~ society ~ vulnerability
Review regulation utility companies dividends and infrastructure investment
We want the Government to review; the regulation of utility companies to ensure they don't prioritise dividends & profits over infrastructure, and the impact this is having on consumer prices.
Since the privatisation of the utility sector, we think energy & water providers have prioritised dividends and profits over infrastructure thus causing fuel/water poverty and extreme consumer price hikes which are unsustainable. We think this is putting people's lives at risk. We believe energy and water prices need to be affordable to all especially to the poorest in society and those who are most vulnerable.
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