Households paying £94 extra on energy bills because Ofgem 'too slow to act', says watchdog

Ofgem's failure to effectively regulate energy suppliers since 2018 has"come at a considerable cost" to British households, a watchdog report has found.

The committee's report said around 29 energy suppliers have failed since July last year, which has subsequently affected some four million households. The PAC report concluded this was due to"Ofgem's failure to effectively regulate the energy supplier market".

Source: Energy Industry News (energyindustrynews.net)

My electricity bill before these increases was on average £80 a month on VDD (I submit a read they bill me) now they are coming in around £145 for the same fucking usage. It’s gas that’s having taps turned off, so why is it electric that’s costing us all more.

These government watchdogs have no resources and no teeth. They’re just put there to tick a box. ridge tokenism

If you're struggling to comprehend how Ofgem's price caps work... CostOfLivingCrisis

Cost of living crisis for so many people.

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