Households are having another challenging year, squeezed by inflationary pressures and historically high energy prices. Although Ofgem’s new energy price cap will mean household bills fall for three months from October, bills are still about 60 per cent higher than they were in 2021. We cannot allow the good news of stabilising wholesale energy prices to mask the urgent need to reform our energy retail market. Regulations have created a retail market with no meaningful competition. Consumers have very few … read more »
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