We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
OFGEM to cut energy bills by £45 from 2021
Options
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 1,655 Forumite
in Energy
The latest attempt by OFGEM to cut energy bills has been released.
https://www.bbc.co.uk/news/business-46602230Energy regulator Ofgem is proposing to cut consumers' bills by £45 a year from 2021, largely by reducing the rate of returns to investors.
Ofgem wants to set the returns at 4% - about 50% lower than under the previous price controls - to save £30 a year.
The other £15 would come from November proposals to reform network charges.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards