Reg Platt speaks at the Fair Energy Summit

Speaking at the Fair Energy Summit IPPR's Reg Platt made the case for greater competition in the energy market and gave recommendations for how to achieve it. The panel included secretary of state for energy and climate change, Ed Davey, and other senior representatives from across the energy industry.

Regulation will improve competition and ensure fairer energy prices for consumers

Following the release of the latest IPPR report called 'The true cost of energy: How competition and efficiency in the energy supply market impact on consumers’ bills' we spoke to IPPR's Reg Platt who argued that the regulator Ofgem needs to set tougher regulations on the energy market to improve competition and ensure pricing is fairer for consumers.

The main findings of the report revealed that some people are paying £330 more a year than their neighbour for energy and that the 'Big 6' energy companies are continuing to overcharge existing consumer to subsidise cheap offers.