Energy bosses rally around calls for crisis fund to support households

Energy bosses are rallying around Scottish Power’s call for a “tariff deficit fund” to ease the pain facing millions of Brits this winter.

by | 24 Aug, 2022

There are growing expectations Ofgem will announce a massive 80 per cent hike to the price cap this week, ramping up household energy bills to at least £3,500 per year from October.

The cap is already at a record £1,971 per year, brought in earlier this year following market carnage that saw nearly 30 suppliers collapse.

Read more at City A.M.

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