I am neither naive or stupid – but …. energy costs went up rapidly after price of wholesale gas rose after invasion of Ukraine. That cost is nower lower than ot was a year ago. Why are we still seeing a price hike in April? The energy companies made fortunes for directors and shareholders. Surely even with capitalism, providers of essential services/utilties have a responsibility to the public? If they do not take this sensibly it then becomes the duty of government to regulate the cost to the consumer. If companies do not like it they can leave.
At present we are seeing firms go bust due to cost rises, food rationing due to companies unable to heat hot houses (alternatives should be examined), schools and other public services facing staff cuts and poorer services. OFGEM is blatently failing in its duty and members should resign and replaced with experts like Martin Lewis.
The same goes for OFWAT and the press needs proper regulation too.