Energy Costs

The full brunt of the Government’s proposed cap on energy prices may only be felt towards the end of next winter, offering suppliers a stay of execution during which they can move customers to better value deals. The regulator, Ofgem, today vowed to extend its price cap for customers using pre-payment meters to include 1 million households considered socially vulnerable. The move comes ahead of Government’s bid to compel Ofgem to take tougher action by legislating stronger powers for a cap on bills for 15 million households, which is expected on Thursday.

Telegraph 12th Oct 2017 read more »

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Published: 12 October 2017