Stop ofgem charging customers for debt when paying shareholders dividends.

Rejected 17 signatures

What the petition asks

Ofgem should not be adding 16 pounds to bills to cover shortfalls in their trading and debt recovery. It is not the responsibility of those customers who pay there bill to bail out those private companies who are posting huge profits and paying dividends to shareholders.

These companies should be forced to use all profits to relinquish debts and not pay any dividends until they clear these debts.

Why it was rejected

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

We can only accept petitions about things the Government or Parliament are directly responsible for. Decisions about the energy price cap are a matter for Ofgem, not the UK Government or Parliament.

Ofgem is consulting on its proposals to add a temporary allowance in the energy price cap for additional bad debt-related costs. You can find out more about these proposals, and respond to Ofgem's consultation here: https://www.ofgem.gov.uk/publications/energy-price-cap-additional-debt-costs-review-consultation

Timeline

16 Dec 2023	Petition opened for signatures
21 Dec 2023	Rejected by the Petitions Committee

Key facts

Signatures 17

Status Rejected

Rejected 21 Dec 2023

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