Theresa May's 2017 Energy Bill Cap Proposal & Progress on Deals

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Progress on energy deals includes a new initiative to cap energy bills for 17 million families on standard variable tariffs, as unveiled by the Prime Minister. This policy aims to prevent customers from being 'ripped off' by big companies. With climate change undoubtedly affecting our weather patterns, the old mantra of no central heating before October appears somewhat redundant. The huge variations in temperatures mean it is impractical to apply in 2017. It’s clearly wrong for anyone to sit shivering in a cold house/office if the mercury has dropped below seasonal averages, worried about the cost. But it’s also wrong to turn up the dial simply because the calendar has reached a certain date and that’s what always happens. With the dreaded turning back the clocks just a couple of weeks away, thoughts inevitably turn to cold, dark nights and for many, the long winter worry of energy bills – for some, heating or eating being the dilemma. This initiative, announced during Theresa May’s conference speech, is a significant step. We hope that the Prime Prime Minister and colleagues in the energy department and private sector continue to pursue this policy and find their voice to shout about it and see that it extends to calling for further initiatives in the renewables sector, saving people money and the planet from its own choking disaster. *For companies concerned about their tariff and energy provider, here at Syntegra we offer our own energy platform, an automated electricity and gas procurement tool which gives clients access to the leading energy suppliers, current wholesale market prices, risk management budget forecasting, reporting and pricing suite, providing fully calculated bids to enable you to compare prices on a like for like basis.’

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