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Page added on April 23, 2008

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UK: Energy firms to target aid at poorest customers

LONDON (Reuters) – Retail energy suppliers have agreed a package of measures aimed at increasing help available to customers most affected by rising power and gas costs, energy regulator Ofgem said on Wednesday.


Measures to help combat the rise in fuel poverty — where consumers spend more than a tenth of their income on energy — were agreed at a summit led by Ofgem on Wednesday and will be incorporated into an action programme in early May.


“The pace of energy price increases has ended years of falling fuel poverty despite the rein put on it by competition,” Ofgem Chairman John Mogg said in a statement.


The agreement does not specify any extra funds for the fuel poor, rather is aimed at better targeting of aid.


Reuters



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