Energy Companies Warned Over Pre-payment Meters by Regulator
Ofgem has asked suppliers to review the use of court warrants to enter the homes of customers in arrears. Prepayment meters are more expensive than direct debit, but are sometimes the only option for people who struggle to pay. Chris O’Shea, boss of Centrica which owns British Gas, said he Continue Reading
UK Government Will Borrow to Subsidise Energy Companies
Prime Minister Liz Truss is planning to borrow billions to limit the expected sharp rise in energy bills for households and firms. According to reports, the government intends to pay energy companies to subsidise prices, with customers no longer required to pay back the support. The anticipated plan would increase Continue Reading
