Centrica's profits may not be the only casualty of the energy price cap | Patrick Collinson

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If price cap becomes the target, rather than the ceiling, it will be customers who pay

 

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Green taxes, smart meters, profit margins: the extras adding £550 to your energy billThose who thought household energy bills had been reined in by the Government’s price cap were proved wrong last week when half of the “Big Six” suppliers hiked their prices again. U forgot 2 add incompetent negligent inefficiencies. We are being ripped off. I’ve reduced my electricity bills by 75% with the installation of solar panels and a Tesla Powerwall battery. They’ll be fully paid for in ten years.
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British Gas owner loses 742,000 customers and issues price cap warningCentrica says it will take £300m hit on cap on energy bills and lowers 2019 cashflow outlook BritishGas BritishGasHelp very little investment in gas security production storage or infrastructure for years . investment in shareholders and its the low paid elderly who are paying ridiculous amounts for very little gas used . profiteering from fuelpoverty ofgem ofgem
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Big Six energy firms ‘cartel’ after they ALL hike prices to the same amountSTANDARD tariffs with the Big Six energy firms are now identical — prompting claims they are running a cartel. SSE increased its prices by 10.3 per cent to £1,254 yesterday after four others had do… Get a job with OFGEN they said... Become the greatest soduko player in the World they said.... All we seem to do is work and pay bills nothing else then they tell us our wages have gone up ye right
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British Gas hikes prices for 4m people before revealing profits of £44 a secondThe biggest energy supplier confirmed it would raise rates by the maximum allowed, 10.5% on average, from April 1 Is this why we have been charged £138 a month for a 1 x bed property Capitalism,Great isn't it! I am paying 1hundred and fifty pounds a month as husband I and needs the heat was 100then 200 Hundred but I put it down to the price it is now
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