Damian Green says Ofgem will be empowered to set maximum prices that gas and electricity firms can charge
The Conservatives will cap energy bills with savings of around £100 per family, the work and pensions secretary, Damian Green, has said – a near-identical policy to that Ed Miliband proposed in the 2015 Labour manifesto.
Theresa May’s manifesto will propose capping gas and electricity bills for households paying standard variable tariffs, with the energy regulator Ofgem setting a flexible cap.
April 23, 2017 at 04:44PM
from Jessica Elgot Political reporter
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