Energy Bills & Fuel Poverty
Energy Bills & Fuel Poverty
February 20, 2025 at 08:16 AM
🔎 A Loophole That Cost Billpayers BILLIONS Energy network firms have made tens of billions in profits—but a specific loophole in Ofgem’s price controls has handed them an extra £4 billion windfall at the expense of struggling households. Citizens Advice’s analysis of Ofgem data has revealed that these monopoly firms are pocketing windfall profits—profits that should be going back to struggling billpayers. 📢 Simon Francis, End Fuel Poverty Coalition: “These firms have a virtual monopoly over vital grid infrastructure. That’s why it is so important for the regulator to do its job.” 🚨 The reality: ⚡ Millions are in energy debt—totaling £3.8 billion ⚡ Bills remain 67% higher than in 2021 ⚡ The regulator failed to act despite warnings 💡 This loophole was a predictable mistake—and network firms must now return this money to struggling households through debt relief and targeted bill support.

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