British energy price cap is likely to be cut by 70 pounds in Oct
E.ON UK says British energy price cap is likely to be cut by 70 pounds in Oct LONDON, July 22 (Reuters) – Britain’s domestic energy price cap is likely to be cut by around 5.6%, or 70 pounds a year when it is reviewed in October, E.ON UK said on Monday. The cap, which…
Ofgem sets out plan to protect vulnerable consumers as market changes
Ofgem sets out plan to protect vulnerable consumers as market changes The regulator has launched a consultation to find out how best to look after energy customers as the market undergoes ‘fundamental changes’ Ofgem has set out a plan to protect vulnerable consumers as the energy market undergoes ‘fundamental changes’. The energy regulator suggests as the sector…
Failed energy suppliers ‘could leave £172m bill for households’
Failed energy suppliers ‘could leave £172m bill for households’ Citizens Advice says energy firms should make regular payments of industry costs to prevent big debts being passed onto customers Households could face a potential total bill of £172m from energy suppliers that have collapsed since the start of last year, according to calculations from Citizens…