British Gas owner seeks judicial review of energy price cap cost - MSE News

Former_MSE_Naomi

Energy firm Centrica - the parent company of British Gas - is seeking a judicial review of how energy regulator Ofgem has calculated the energy price cap...

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'British Gas owner seeks judicial review of energy price cap cost'

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FestiveJoy

How much will this judicial review cost?

Who will be paying for that?

Presumably British Gas customers (not affected by the price cap, which presumably is most of them as BG say it will not benefit any BG customer), should BG lose

Or all of us energy users should Ofgem lose, Ofgem being funded by a licence fee levied on the energy industry.

Or perhaps a mixture of both, depending on any eventual court ruling.

Well done British Gas.
Heads you win, tails we lose ...

If no BG customer is going to benefit from this price cap, why waste our money arguing about it???

Carrot007

Probably:

Because if the high cost tarrifs are capped then the low cost ones will become a lot worse. with say 3% difference would anyone bother shopping around and so no one changes supplier anymore and customers stagnate.



Or if you want a view that supports money saving:

As above the savings you can make diminish because the suppleirs are forced to give to people to lazy to move a lower price they no longer subsidise your cheap tarrif.



Though:

Of course a lto of people who do not change are the people that need the savings so what do you want? Cheap for you or a more fair price for everyone (but more for you).


Hard to say which I prefer to be honest.