{"id":81147,"date":"2018-02-27T03:34:26","date_gmt":"2018-02-26T20:34:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/plans-to-cap-domestic-energy-bills-weak-and-confused-say-mps\/"},"modified":"2018-02-27T04:07:58","modified_gmt":"2018-02-26T21:07:58","slug":"plans-to-cap-domestic-energy-bills-weak-and-confused-say-mps","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/plans-to-cap-domestic-energy-bills-weak-and-confused-say-mps\/","title":{"rendered":"Plans to cap domestic energy bills 'weak and confused', say MPs"},"content":{"rendered":"


\nParliamentary committee scornful about Tory policy to end \u2018rip-offs\u2019 by power companiesThe evidence underpinning ministers\u2019 plans to cap the energy bills of millions of people has been slammed as \u201cweak and confused\u201d by the government\u2019s own watchdog.As the government laid the legislation for the cap in parliament, the regulatory policy committee delivered a withering verdict on the case for a measure that Theresa May said was necessary to stop \u201crip-off\u201d tariffs. The committee said the government had not offered \u201cany evidence in support\u201d of its decision to cap the standard variable tariffs of 11m households, a move the competition watchdog expressly advised against two years ago. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Plans to cap domestic energy bills ‘weak and confused’, say MPs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Parliamentary committee scornful about Tory policy to end \u2018rip-offs\u2019 by power companiesThe evidence underpinning ministers\u2019...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-81147","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-l6P","jetpack-related-posts":[{"id":67738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theresa-may-under-pressure-to-introduce-price-cap-on-energy-bills\/","url_meta":{"origin":81147,"position":0},"title":"Theresa May under pressure to introduce price cap on energy bills","date":"September 29, 2017","format":false,"excerpt":"\r Letter to prime minister signed by 192 MPs said move would protect millions of families on standard variable tariffsTheresa May has been urged to revive her election pledge to put a price cap on energy bills by more than 70 Conservative MPs who signed a cross-party letter to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54113,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theresa-may-to-promise-price-cap-on-energy-bills-in-tory-manifesto\/","url_meta":{"origin":81147,"position":1},"title":"Theresa May to promise price cap on energy bills in Tory manifesto","date":"May 9, 2017","format":false,"excerpt":"\r Policy marks a shift towards a more interventionist approach and is likely to draw fierce criticism from other partiesTheresa May will promise a cap on rip-off energy bills in the Conservative manifesto, arguing that she is ready to intervene in markets if they are thought to be failing ordinary\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mays-pledge-on-rip-off-energy-prices-keeps-uk-in-dark-over-cap-on-bills\/","url_meta":{"origin":81147,"position":2},"title":"May's pledge on 'rip-off' energy prices keeps UK in dark over cap on bills","date":"October 4, 2017","format":false,"excerpt":"\r \u2018Big six\u2019 did not appear to like it, but lack of clarity in speech and clarifications suggest cap is unlikely to come in time for winterTheresa May\u2019s pledge to cap \u201crip-off\u201d energy prices is about as clear as the average electricity and gas bill.The prime minister promised to introduce\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75275,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-energy-cap-could-have-been-avoided-lobby-group-says\/","url_meta":{"origin":81147,"position":3},"title":"UK energy cap could have been avoided, lobby group says","date":"December 26, 2017","format":false,"excerpt":"\r Body representing big six suppliers says price cap is not inevitable and could have been avoided if industry had acted more quickly on \u2018rip-off\u2019 tariffs Energy suppliers could have avoided the government imposing a price cap if they had acted faster to shift customers off the tariffs branded a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-energy-bill-cap-will-save-families-100-damian-green-says\/","url_meta":{"origin":81147,"position":4},"title":"Tory energy bill cap will save families \u00a3100, Damian Green says","date":"April 23, 2017","format":false,"excerpt":"\r Work and pensions secretary says Ofgem will be empowered to set maximum prices that gas and electricity firms can chargeThe Conservatives will cap energy bills with savings of around \u00a3100 per family, the work and pensions secretary, Damian Green, has said - a near-identical policy to that Ed Miliband\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/energy-firms-say-price-cap-on-bills-could-hit-uk-roll-out-of-smart-meters\/","url_meta":{"origin":81147,"position":5},"title":"Energy firms say price cap on bills could hit UK roll-out of smart meters","date":"December 11, 2017","format":false,"excerpt":"\r Big six also warn investment in energy sector is in jeopardy if firms are not allowed to challenge level at which bills are cappedTheresa May\u2019s price cap on energy bills risks damaging her government\u2019s hopes of installing millions more smart meters in homes, two of the UK\u2019s biggest energy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81147"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=81147"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}