Mumsnet Talk

Totally agree with that, mercibucket.

No.

The average "cheapest" tariffs would go up under such a measure, I suspect.

A cap on profits is never going to happen under a Tory govt either! But I'm sure that a tax on profits over a certain level, with the proceeds going into a hardship fund would be well received. As would a law forcing companies to decrease prices when oil prices go down, and a cap on price rises (like the train companies have).

Not a good idea IMO all it would do is encourage the energy companies to have a single tariff, that which is most beneficial to them, it would remove genuine choice of the 'cheapest' tariff or some other deal.

Cap their profits, remove the VAT, regulate their fees.

Exactly this. If this Government is serious about lifting peolpe out of fuel poverty it would legislate so that that large (some overseas) groups of shareholders were not making a profit on the back of ever increasing prices.

ATM I think only the Co OP have any sort of ethical policies whatsoever and their hands are largely tied as they have to purchase the raw materials from the others.

rowan, I think it shows a complete lack of trust in our utility companies, we all think they are grasping barstewards that will sell their own grandmother take advantage if they see a profit in in. There are no altrusitic or ethical suppliers.

No.
As stated above this would reduce competition and just mean that the lower tariffs would be withdrawn.
More important is to force a switch to renewable energy production and make it clear that the global fuel companies are making a profit by risking our children's future.

I do not have any choice since we only have 1 energy supplier for gas and electricty (N.I) so there is no competition just high prices, thankfully I use no oil, gas and little mains electric.