Ofgem has opened the door to a major relaxation of energy price cap rules that could help prevent a wave of company bankruptcies but also remove protection for consumers from sudden bill hikes.
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:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ofgem boss finally accepts the UK’s energy rules need a rewriteRegular should have granted licences only to financially prudent suppliers – and now the cost falls to everyone Bingo a light bulb moment. 💡 We can only hope a few Tory donors got their fingers burnt in these start ups Speaking of rewrite, literally the first word of your sub headline is a typo
Source: The Guardian - 🏆 84. / 53 Read more »
Energy price cap: Why are fuel bills rising and can I get a fixed deal?Energy bills are rising, but experts say usual ways of saving money - like switching supplier - are currently not worthwhile I was brought up through miners strike. Always careful with electric. No tumble dryer. Wash full loads. Use brush and pan most of time. Got eco combi boiler and insulation. Heating on only a few hours morning and night except in minus weather.
Source: BBCNews - 🏆 3. / 97 Read more »
What can I do if my energy supplier goes bust?About 1.7 million customers have seen their energy firm collapse amid soaring gas prices. I thought customers were assigned a new supplier automatically. Can we get a brit-stream from Russia? You have the legal right to put on a big jumper.
Source: BBCNews - 🏆 3. / 97 Read more »
France threatens to block Xmas supplies & cut UK's energy supplies in fishing rowFRANCE threatened to block the UK’s Christmas supplies and cut energy supplies as they mocked the nation’s fuel crisis. Europe minister Clement Beaune vowed to exploit the supply chaos to tr… BoycottEDF What happens when you make enemies of neighbours The French are in a strop again.
Source: TheSun - 🏆 64. / 61 Read more »
EU energy crisis: VDL panics as Russia chokes 70% of supplies: 'We are heavily dependent!'URSULA VON DER LEYEN is scrambling to get a grip of the European Union's (EU) energy market as damning reports appear to show how Russia has been undercutting the flow of gas into Europe. Who caused the global energy crisis? If the CIA and MI6 hadn't colluded with Thomas Edison to murder Nikola Tesla over the almighty greed we wouldn't be in this mess
Source: Daily Express - 🏆 26. / 68 Read more »
Your energy bills are set to rise even MORE this winter as National Grid warns electricity supply will be 'tight'HOUSEHOLDS are facing further hikes to gas and electricity bills as winter approaches and the National Grid faces more pressure to keep the lights on. The National Grid, which manages energy suppli…
Source: TheSun - 🏆 64. / 61 Read more »