Finance and investment

Ministers rule out low-carbon generation levy tax breaks

Single social water tariff ‘ought to be non-negotiable’

Investec forecasts sub-£2,000 price cap

Doubts raised over Ofwat’s new powers

No Easter Eggs in Spring Budget

CfD budget ‘sends the wrong investment signals’

So Energy founder: Consumers face a second winter of crisis

Eon boss ‘frustrated’ by lack of funding to reduce energy demand

Soaring energy costs lead business customers to PPMs

Social energy tariff could cost up to £9.4bn each year

Weekend press: Government to end ‘prepayment premium’

The government is to end the “prepayment premium” by picking up the additional costs of the meters from suppliers. Also in Utility Week’s latest round-up of the weekend papers, Ofwat seeks new powers to block excessive dividends to shareholders and Thames Water appoints financial advisors to help tackle its mountain of debt.

Industry chiefs back direct bill support

Social energy tariff needed by April 2024

DNOs to cover reinforcement costs for new developments

Distribution Network Operators will have to cover infrastructure upgrade costs when connecting new developments under rule changes set to come into force next month. Under the current arrangement, developers are obliged to cover the costs of reinforcing the local electricity network to provide sufficient capacity to serve their new developments.

EDF MD: Competition is not in the interest of consumers