Jonathan Reynolds, Labour’s Shadow Minister for Energy and Climate Change, welcoming Ofgem’s decision to fine E.ON £7.75m for incorrectly charging customers after price rises in 2013 and 2014, said:

“Energy companies being fined for incorrect charging shows the energy market is broken. But over the last five years, the Tories have done nothing about it, allowing energy bills to rise by £300.

"The only way to restore trust in the energy market is with Labour’s better plan to freeze prices until 2017 and to reform the energy market, including giving the regulator the power to cut bills this winter and creating a tough new watchdog with powers to strip energy companies of their licences if they repeatedly break the rules.”

Ends

Ofgem’s decision is available here: https://www.ofgem.gov.uk//publications-and-updates/ofgem-secures-7-75-million-package-consumers-following-e-overcharging-error