City A.M.: John says, ‘The price cap isn’t rocket science, and we can all see what needs to happen.’

This article by NICHOLAS EARL was originally published in City A.M. The energy price cap has “completely failed” argued John Penrose, the Conservative MP who first called for the mechanism in parliament. Speaking on Utilita Energy’s podcast yesterday, he called on Business Secretary Kwasi Kwarteng to make the price cap…

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Video: John Penrose MP asks Ministers to consider reforming the Energy Price Cap

https://www.youtube.com/watch?v=CixINFtX5II

John makes clear that he still believes an Energy Price Cap is the way forward for protecting consumers, but says it needs serious reform. John Penrose (Weston-super-Mare) I welcome the Secretary of State’s commitment to making sure that this temporary measure is indeed temporary, and I encourage him to make it…

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