Electricity and gas suppliers push for compromise that would see price caps for 6 million rather than 17 million households
Energy companies are lobbying the Conservative Party to water down its policy of a price cap on bills, with proposals that would see millions fewer households protected from tariff hikes.
Theresa May has promised to cap electricity and gas costs for 17 million families on default energy deals, called standard variable tariffs, after five of the big six suppliers hiked prices. But under a compromise that has been put to the government, only 6 million households would see their energy bills capped.
May 22, 2017 at 08:54PM
from Adam Vaughan
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