Gas and Electricity bills should be cheaper because of oil prices

Gas and Electricity bills should be cheaper because of oil prices

Assessment

Interactive Video

Social Studies, Biology

University

Hard

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The video discusses the criticism faced by the big six energy suppliers for not passing on wholesale price drops to consumers, costing them billions. It highlights the energy providers' focus on profit over obligations like home insulation. Ofgem, the energy regulator, is also criticized for suggesting consumers make lifestyle changes to save money. Campaigners argue that Ofgem should pressure energy providers instead.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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