Ian Marlee, Ofgem
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Ofgem on energy firms' soaring profits

The profit margin for energy companies has risen to £125 per customer per year, from £15 in June.

Speaking to BBC Breakfast, Ian Marlee, from energy regulator Ofgem said, "It is not our job to regulate prices or profits in this market."

Ofgem has confirmed it will force suppliers to simplify tariffs to make it easier to compare prices.

  • 14 Oct 2011
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