Impose an profit cap for energy companies per kWh

Rejected 21 signatures

What the petition asks

There should be a flat cap on the amount of profit that can be made per kWh instead of a percentage. This will bring users bill costs down and prevent profiting from the energy crisis

Currently energy companies make a percentile markup profit on energy bills. This means that as wholesale prices increase, their profits increase, whilst the public have to pay more money.

Why it was rejected

It asked for something that is not the responsibility of the UK Government or Parliament.

We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. Decisions on the energy price cap levels are a matter for Ofgem rather than the UK Government or Parliament directly.

Timeline

9 Aug 2022	Petition opened for signatures
11 Aug 2022	Rejected by the Petitions Committee

Key facts

Signatures 21

Status Rejected

Rejected 11 Aug 2022

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