The new price cap is set to be announced by Ofgem next Friday with millions set to see a hike in their energy bills. Click here to view the full article…
Tony Jordan, senior partner at energy consultancy Auxilione, says the energy price cap is forcing energy companies to hedge their positions for the coming period, while the scale of what the government can do to address huge price rises is limited. Click here to view the…
Tony Jordan, director of the energy consultancy Auxilione, says the design of the UK’s energy price cap is now in question, as costs are set to soar in the coming months. It estimates the average annual household bill will surge past £5,000 next year. Jordan told Bloomberg’s Stephen Carroll and…
The government’s price cap which sets bills for more than 20 million households could be increased further than expected. Click here to read the full article…