Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-21-Speech-2-999"
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"en.20090421.17.2-999"2
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"Energy costs are growing at an alarming rate, contributing to a substantial increase in energy-related poverty across the EU. However, the market price of energy is only one side of the problem. There is a significant, additional financial burden on consumers due to energy market inefficiencies and distortions. For example, in Malta consumers and businesses saw an exorbitant increase in their energy bills when the price of oil was at its high, but there was no decrease even when the price of oil dropped more than half. What we need is an EU-wide policy to protect consumers and SMEs from pricing malpractices carried out by public utility companies. One solution may be a national independent regulator which would create the necessary checks and balances against any abusive or non transparent conduct by private traders and/or government owned entities in respect of any price increases on public utilities like gas, electricity, water, airport charges and others.
This should be implemented through improving the existing E.U. legislation and directives involving consumer protection especially to ensure:
Better standard of transparency and rationality governing price increases as well as better access and information regarding consumer rights.
Less costs and less bureaucracy for the consumer who has a genuine case in order to seek redress."@en1
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