On May 13th, RECCo responded to Ofgem’s Call for input on affordability and debt in the domestic retail market. We made the following points:
- In light not least of rising levels of energy debt, affordability challenges will remain irrespective of falling prices and an enduring cost support scheme is urgently needed;
- A priority should be to work towards increased data sharing both within and beyond the utilities sector to facilitate the improved targeting of support;
- Ofgem should ensure that its distributional analysis of the impacts of intervention is based on an authoritative understanding of the factors influencing consumers’ energy costs;
- International markets can provide important learnings for our approach to providing electricity cost support to consumers dependent on medical equipment at home.
Read our full response here.
