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But if you are on a good fixed rate now, for example, you could end up paying quite a lot more. people within the industry insist that protecting consumers is their priority. there is already a mechanism and i know government are working at pace with industry to make sure that if we think the mechanism isn t enough, there will be something else, so the absolute priority is security of supply for people. although energy firms would normally be very happy to take on extra customers, right now they are becoming reluctant. that s because the prices they can charge are capped by the regulator, 0fgem, while the cost of the energy they buy has risen dramatically, meaning they could lose money. but the government insists it won t prop up failing suppliers, and talk of government backed loans to help surviving firms with increased costs has also died down. our approach will be informed by the following principles. protecting customers - especially vulnerable ones from price spikes, and the ....
They are becoming reluctant. that s because the prices they can charge are capped by the regulator, ofgem, while the cost of the energy they buy has risen dramatically, meaning they could lose money. but the government insists it won t prop up failing suppliers, and talk of government backed loans to help surviving firms with increased costs has also died down. our approach will be - informed by the following principles protecting the customers, especially vulnerable ones, from price spikes, and i the solution to this crisis will be found from the industry and the market, as is l already happening, and government, i repeat, will not be bailing outi failed energy companies. but the opposition says the government hasn t done enough to avoid a crisis. on monday, i said to the secretary of state that he was being far too complacent about the situation we are facing. events since have unfortunately borne this out. complacent about the crisis in the market, complacent about the impact ....
Mechanism isn t enough, there will be something else, so the absolute priority be something else, so the absolute priority is be something else, so the absolute priority is security of supply for people priority is security of supply for eo - le. ., , , priority is security of supply for eole. ., , , ., people. although energy firms would normall be people. although energy firms would normally be very people. although energy firms would normally be very happy people. although energy firms would normally be very happy to people. although energy firms would normally be very happy to take - normally be very happy to take on extra customers, right now they are becoming reluctant. that s because the prices they can charge are capped by the regulator, ofgem, while the cost of the energy they buy has risen dramatically, meaning they could lose money. but the government insists it won t prop up failing suppliers, and talk of government backed loans to help surviving firms with i ....