Following the announcement of his plan to tackle rising energy prices — and the accompanying backlash — Ed Miliband has fired a warning shot at energy providers this morning, suggesting unless they get on board with his proposals, they will be seen as part of the problem, not the solution, by their customers.
Here is the full text of his letter:
‘In recent years we have discussed the need to rebuild public trust in the energy market many times. I think we all agree on the importance of that objective if we are to build a market that both delivers for consumers and underpins the investment in future clean energy capacity that we all want to see.
‘Our intention is to now reset the market that has consistently failed to secure the confidence of the public or the investment Britain needs. Doing that requires two steps.
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