Energy Intensive Users Group call for power industry overhaul
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Britain's biggest energy users have called for a radical overhaul of the system for regulating the privatised gas and electricity industries. The Energy Intensive Users Group, which represents big industrial consumers like cement, glass, steel, paper and chemical firms, told MPs that a Commons select committee should be set up to monitor the regulators. It also said customers should have an appeals mechanism to a competition commission.
Separately, ICI told the Commons Trade and Industry select committee that Professor Stephen Littlechild at Offer and Clare Spottiswoode at Ofgas should be replaced by three-strong panels of regulators reporting to a "regulatory overlord" to produce more balanced decision-making and greater consistency.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments