“Energy Prices Will Be Higher Than They Need To Be” Despite Reduced Price Cap This Winter
Автор: TalkTV
Загружено: 2023-08-25
Просмотров: 841
Описание:
Millions of households are expected to pay more for their energy this winter than they did a year earlier, even though Ofgem reduced the price cap on bills.
Experts said the reduction of Government support and a small increase in the standing charge would hike bills for some.
Harry Wilkinson from Net Zero Watch claims that the energy price cap has destroyed competition in the market, which he says is crucial in bringing down prices.
“We see all companies group together, and there isn't much benefit for consumers,” he says.
Wilkinson has urged: "The Government needs to look at how the energy price cap is structured."
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