The Labour Energy Price Cap and Utility Intervention
An eBook of all of the analysis, opinion and news on Labour's proposed energy price cap and utility intervention from Utility Week
The big beasts of British politics have taken aim squarely at the energy market.
Both the Labour party and the Conservatives have promised to cap prices to prevent “abusive” billing of customers. The impact of these promises on investor confidence and the poise of the larger companies is marked, while smaller suppliers and newcomers to the market are waiting for the outcome of the election before pressing ahead with their plans.
Labour not only plans a stricter energy price cap than the Conservatives, but also has more radical plans to shake up the utilities sector – namely renationalisation. This comes in the form of state-owned regional energy suppliers, returning energy grids to public ownership “over time”, and to “replace our dysfunctional water system with a network of regional publicly-owned companies”.
In recent weeks, the Tories’ 20-point lead has begun to erode in the polls, and while a Labour victory remains unlikely, the party is gaining momentum heading up to 8 June. Here, Utility Week surveys what we know so far about Labour’s intentions for price regulation and market intervention.
The following content collates Utility Week’s recent analysis, opinion contributions and news relating to Labour’s price cap pledge and renationalisation plans. Fill in the form to the right of the screen to download your copy of the eBook.
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