Energy bill price cap to be updated FOUR times a year, confirms Ofgem

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Energy bill price cap to be updated FOUR times a year, confirms Ofgem
Danmark Seneste Nyt,Danmark Overskrifter
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Energy bill price cap to be updated FOUR times a year as Ofgem warns of ‘challenging winter’

Ofgem has confirmed that the energy price cap will be updated four times a year, rather than twice as it warned that customers face a “very challenging winter ahead”. The regulator said the change would go “some way to provide the stability needed in the energy market."

Read more: Estate agent was allegedly battered in hotel by rugby star boyfriend who died of a heart attack during the assault “We will keep working closely with the government, consumer groups and with energy companies on what further support can be provided to help with these higher prices.”

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