Coalition pulls the plug on Miliband’s energy bill freeze

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Ed Miliband’s pledge to freeze gas and electricity bills for every home and business in Britain for 20 months if Labour wins the 2015 Election is set to be scuppered by a competition investigation into the sector ordered by the Coalition.

The Labour leader’s pledge at his party conference last year to freeze energy bills within a month of coming to power boosted his poll ratings as households struggled with soaring energy prices.

But last year Energy Secretary Ed Davey commissioned an assessment of competition in the energy supply market by Ofgem, the Office of Fair Trading and the Competition and Markets Authority.

via Coalition pulls the plug on Miliband’s energy bill freeze | This is Money.

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