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econoMAX - Energy Price Capping – Does it Address the Right Problem?

Jim Riley

7th November 2013

Ed Miliband’s promise at the Labour Party conference to cap energy prices for 20 months if Labour were to win the next election, has raised many questions about what we pay for domestic energy, how it compares with other countries, and what the energy companies do with their profits. Pondering those points has led me to an over-riding question, which is whether the price paid by consumers is really the most important issue for government intervention in the energy market.

econoMAX - Energy price capping – does it address the right problem? from tutor2u


This article was recently published in econoMAX, tutor2u’s digital magazine for A Level Economics. Schools and Colleges subscribing to econoMAX are able to access the entire archive of hundreds of similar articles and can download, save, print and share hi-res PDFs of each resource.

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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