Labour energy bill planspublished at 12:56 Greenwich Mean Time 13 March 2015
Could a Labour government cap energy bills by this winter? Sebastian Chrispin has been taking a look.
He writes the proposal is "technically possible", but adds: "The timing is likely to be incredibly tight. Labour would need to pass primary legislation, likely to be followed by the drafting of sector specific rules by Ofgem. This process would need to factor in some time for consultation.
"Once rules are in place, Ofgem would have to conduct a review to determine a "fair price" for energy bills. And this all assumes that the government and Ofgem are able to form a clear idea of what has to be done.
"So there is a lot to do in a very short timescale. Further problems could arise if rules are passed quickly, making them more susceptible to legal challenge. The first day of winter is officially 22 December."