Campaigners repeat demands for nationalisation of energy utilities as tariff increases loom
Ofgem is preparing to raise the price cap for 15 million customers by about £150 a year, which is expected to push thousands more people into fuel poverty
CAMPAIGNERS repeated their demands today for the nationalisation of energy utilities following indications that Ofgem is set to allow suppliers to increase tariffs.
The regulator is preparing to raise the price cap for 15 million customers by about £150 a year — a rise of 13 per cent — which is expected to push thousands more people into fuel poverty.
The decision to ramp up costs, expected to be announced tomorrow, will be blamed on an increase in wholesale energy costs caused by the pandemic.
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