THERESA MAY was humiliated last night as a former energy regulator said her watered down plan to tackle rip-off prices had no chance of working.
The PM ripped up a promise to slap price controls on the Big Six in the Queen’s Speech after the Election debacle.
Ministers instead passed the buck to new regulator Ofgem.
But Stephen Littlechild – electricity watchdog in the 1990s – said this wouldn’t work as the body doesn’t have the powers to issue price controls.
He explained: “Ofgem can propose a cap, but a supplier may decline to accept.”
The attack came as experts claimed Ofgem was poised to respond to demands for action from Business Secretary Greg Clark.
Experts had already warned that Ofgem faces judicial review if it confronts the Big Six without the backing of new Government legislation.
Tory campaigner John Penrose last night demanded action.
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He said: “The Government needs to deliver on its manifesto pledge to end the energy price rip-off for 17 million families.
“If Ofgem doesn’t have the power to do this, we would have to table legislation in Parliament instead.
“Only then we will put an end to the Big Six stitch up.”