Government backs Ofgem plans to make energy bills fairer

Ofgem said the reforms would begin to come into force this summer, while the cap on tariff numbers is planned to be in place from next winter.

Alistair Buchanan, Ofgem chief executive, said the proposals would see "the most radical shake-up of the energy retail market since competition began."

?My message to the suppliers is ? don't wait for the legal process to take effect. Most have already embraced the reform agenda and now the way is clear for all of them to work with Ofgem to bring in reforms as soon as possible.?

Angela Knight, chief executive of Energy UK, which represents energy companies, said: "The concerns of customers and politicians have been heard loud and clear by the companies [...] The industry will be working closely with the regulator and with Government on all the next stages of their reform programme.?

Mr Buchanan warned households this week to prepare for a sharp rise in energy bills within two years, as he said that British energy supplies are on a ?roller-coaster? heading ?downhill fast?,

Writing in The Daily Telegraph, Mr Buchanan warned: ?We have to face the likelihood that avoiding power shortages will also carry a price.?

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