energywatch urges government to act on energy prices


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energywatch has urged the government to act on the rising cost of gas and electricity in the UK.

According to the body, Westminster must take "three immediate steps" on the issue, including leading a global drive to remove the link between the cost of gas and the price of oil.

It has also asked for the Competition Commission to begin an inquiry into how the energy market can be more efficient for customers, before asking ministers to force suppliers to offer their lowest deals to those struggling with fuel poverty.

Allan Asher, chief executive of energywatch, said: "Rampaging oil prices are a serious and global contagion.

"That does not mean we should just take to our beds and hope that the fever will pass. Government can and should act in those areas where it can have an effect."

Earlier this week, energywatch welcomed the government's plans to increase the amount of information available to consumers in the UK about green tariffs.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

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