Prepayment Meters: Ofgem Decision Debate

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Prepayment Meters: Ofgem Decision

Jack Brereton Excerpts
Monday 6th February 2023

(1 year, 3 months ago)

Commons Chamber
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Graham Stuart Portrait Graham Stuart
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As I have said, that situation has obtained since the Labour Government introduced the current regime, and it is that cost-reflective principle which leads to prepayment meter customers being charged more. That was the position when the right hon. Member for Doncaster North was Secretary of State, and it still exists today. However, I agree with the hon. Lady, which is why, within the existing system, I have asked Ofgem to seek to ensure that not a penny extra goes beyond what is necessary to reflect cost. We are undertaking to look again at the whole system to ensure that it is fair to all, and most of all to the most vulnerable.

Jack Brereton Portrait Jack Brereton (Stoke-on-Trent South) (Con)
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There are concerns that some of the poor practices around prepayment meters may have been going on for some time. How far back will the investigation look into these matters? Will it look at some of the historical issues, particularly abuse of those vulnerable people?

Graham Stuart Portrait Graham Stuart
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My hon. Friend is absolutely right. The Government will support the regulator to look into this matter thoroughly because any injustice done to any consumer must be identified and redressed.