Bill rebates will leave suppliers and generators ‘unscathed’

The measures announced by the government to ease the impact of high energy costs on households will leave suppliers and generators “unscathed” for the time being, according to a new report from S&P Global Ratings. However, the firm said efforts in neighbouring countries to “claw back profits from power producers” mean it “cannot exclude an impact on UK power generation companies in the coming months should prices remain elevated”.

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