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CMA to review prepayment price cap

by News Editor | Feb 5, 2019 | Economy, Electricity, Energy UK, Environment, News, Ofgem

The Competition and Markets Authority (CMA) has decided to review the order it issued imposing a price cap on prepayment tariffs. The review will consider whether the order should be revoked or altered in light of several changes in circumstances, namely the slower...

Ofgem expected to raise price cap on default tariffs by £100

by News Editor | Feb 5, 2019 | Economy, Electricity, Energy UK, News, Ofgem

Ofgem is expected to announce a significant increase to its price cap on default tariffs on Thursday (7 February). A number of industry analysts predict the price cap, which came into effect on 1 January 2019, will rise by around £100 from the current level of £1,137....

Avoiding pause in smart meter rollout ‘priority’ for Energy UK

by News Editor | Feb 4, 2019 | Economy, Electricity, Energy UK, Environment, Smart Meters

The industry must avoid any hiatus in the smart meter rollout programme when installation of the SMETS1 devices ends in mid-March, Energy UK’s director of regulation has told MPs. In a letter to Rachel Reeves, chair of the House of Commons Business, Energy and...

National Grid recommends £59.8m investment for 2019/2020 period

by News Editor | Feb 1, 2019 | Economy, Energy UK, National Grid, News

National Grid recommends an investment of £59.8 million across 25 asset-based projects this year. In its Network Options Assessment for 2018/19, it says this investment, which is higher than last year’s, would allow it to maintain the option to deliver projects...
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