Sun. Jan 17th, 2021

British Gas owner wins high court fight over energy price cap

Centrica challenged regulator Ofgem over how it calculated cap on energy prices

Centrica, the owner of British Gas, has won a court battle with the energy regulator after the watchdog made an 11th-hour change to price cap calculations, which dealt a £70m blow to the supplier.

Britain’s biggest energy supplier pledged to take Ofgem to court last year after the regulator announced a surprise change to the methodology used to set the energy price cap.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *