Stephen and fellow Welsh Labour MPs back campaign to end rip-off prepayment meter costs

Stephen and fellow Welsh Labour MPs this week gave their backing to the #PrePayRipOff campaign, calling on the government and energy companies to clamp down on the cost of prepayment meters.

Stephen with Dawn Butler MP

Stephen with Dawn Butler MP

The Competition and Markets Authority (CMA) have recommended a tariff cap, which is a partial win – however more needs to be done to ensure that the most vulnerable consumers in our communities are protected.

The latest research by the Citizens Advice Bureau has revealed that pre-payment meter customers pay on average £226 a year extra for the cost of their energy, compared with the cheapest direct debit tariff. And with one in five prepayment meter users already in fuel poverty, this amounts to an extra £2,256,384 a year being taken out of the pockets of the 9,984 Cardiff South & Penarth households who can least afford it.

Stephen joined Dawn Butler MP and Labour’s Shadow Welsh Secretary Nia Griffith MP at the launch of the campaign, along with fellow Welsh Labour MPs, calling on the Big 6 energy companies to take action.

Stephen said: “It is unacceptable that the poorest in our society are forced to pay the most for their energy bills when the cost of energy is falling but bills continue to rise. I will continue to call for real action in the energy market to pass on the savings which thousands of families in my constituency deserve. This Prepay Rip-Off must end now.”

Dawn Butler MP said: “These meters are costing Welsh consumers and the local economies of our communities £62 million. It is about time someone stood up to the Big 6 energy companies on behalf of the most vulnerable energy consumers who have been left out of pocket. The cost of energy is at an all-time low yet prices keep going up. The Government need to take action to force energy companies to pass on these savings to consumers. If you support my campaign add your voice by signing the petition!”

Stephen with fellow Welsh Labour MPs

Stephen with fellow Welsh Labour MPs

Nia Griffith MP, leading the Welsh PrePay Rip Off campaign said: “Nearly 300,000 Welsh homes have no choice but to use prepayment meters to pay their energy bills. This is money taken out of the pockets of those who can least afford it, and money that would otherwise be spent in the local economy on goods and services. I am calling on the energy companies to automatically give all Welsh consumers the best possible deal on their energy tariffs.”

You can sign the petition online by going to http://chn.ge/1P83QSC

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