Millions of households face new energy bill hikes to help prevent suppliers going bust...

  • 📰 TheSun
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 61%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

MILLIONS of households face a new energy bill hike to help prevent suppliers from going bust. Britain’s energy watchdog is considering a one-off increase to the energy price cap of up to £17 …

said it was considering the one-off increase in the price cap - worth £1.50 a month on average - "to reduce the risk ofIt warned that if it did not take action, consumers could face even higher costs and poorer standards of service if suppliers collapsed due to the debt levels.UK economy grows in August as GDP rises by 0.

"Ofgem cannot subsidise energy or force businesses to sell it at a loss and suppliers must be in a position to offer high-quality services to customers.Bargain supermarket crowned better than M&S for Xmas dinner - & it's not Aldi

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gas and electricity bills may be hiked £17 to help energy companiesOfgem is considering adding the extra cost to everyone's bills to stop energy companies from going bust
Source: nottslive - 🏆 96. / 52 Read more »