Property News · August 2, 2017

Price cap still possible, government warns energy companies


Ofgem told to act fast to safeguard poorer households after British Gas announces 12.5% electricity price riseThe government has warned energy companies it is still prepared to legislate for an energy price cap, after British Gas announced a 12.5% electricity price rise for more than 3m households.The increase would add £76 to a typical annual electricity bill, and some experts warned that it could kick start a new round of price rises from the so-called Big Six energy companies. Continue reading…

Source : theguardian.com
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