Why the Re-Introduction of Price Control Regulation is the Only Remedy Which Will Work for Domestic Energy Consumers
In contrast to the findings of the recent BERR Committee enquiry into UK energy prices, Professor Philip Wright and Dr Ian Rutledge argued in their evidence to the Committee that the re-introduction of price control regulation is the only policy solution which can protect domestic consumers from being over-charged under the cover of rising wholesale prices.
Categories:
Electricity , Energy Economics , Energy Policy , Energy Security , Gas , Oil
Tags:
Competition , Domestic Consumers , Energy Companies , Market Structure , Price Control Regulation , Profits , Regulation , Retail Energy Markets , Switching , United Kingdom , Wholesale Markets