Featured Post

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...

Monday, May 22, 2017

Energy companies lobby Theresa May to water down price cap pledge

http://ift.tt/2rIpjcZ

3700.jpg?w=300&q=55&auto=format&usm=12&f

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.

Continue reading…

May 22, 2017 at 08:54PM

http://ift.tt/2qcjseb

from Adam Vaughan

http://ift.tt/2qcjseb


No comments:

Post a Comment