Electricity retail
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Suppliers allowed to recoup additional wholesale costs
The next price cap coming into effect in October will include an additional £41 uplift to reflect wholesale costs incurred by suppliers as a result of customers shifting onto standard variable tariffs, Ofgem has announced. The regulator said the adjustment is necessary to prevent further supplier failures, the costs of which would be borne by consumers.
2 years ago
Price cap forecast to hit £3,850
2 years ago
Alert sounded over energy rebate scams
2 years ago
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