Home > Politics > Price cap still possible, government warns energy companies
breaking-news

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 rise

The 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… …read more

Read more:
breaking-news
DC Roundup: US-Russia Relations, China Trade, Leaked Phone Calls

Developments in Washington, D.C., on Thursday include President Donald Trump tweeting that the U.S.-Russia relationship is at a distinct low...

Close