The Guardian Australia – Business
·business
·2 hours ago
Ofgem announces £1,850 energy bills with prices staying elevated through 2030
Britain's energy regulator Ofgem will announce the next quarterly electricity price cap Wednesday, with typical household bills expected to hit £1,850. However, the regulator should publish multi-year forecasts showing prices will remain elevated through 2030 due to grid upgrades and rising balancing costs, not temporary wholesale price shocks.
Summary by Glance · The Guardian Australia – Business
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