Energy price rises and the price cap

Motion Text

That this House notes the recent rise in energy prices and that these price rises have intensified a cost of living crisis; also notes that the price cap is projected to rise again in October 2022 and that this, in combination with the seasonal increase in demand for energy in winter, will impoverish millions of the poorest in Britain; further notes that Ofgem is a government agency which determines the energy price cap and that energy companies have made record profits this year; and calls on the Government to direct Ofgem to rule out any increase in the energy price cap in October.