Britain’s energy watchdog gives go-ahead to initial £28bn of investment to upgrade UK energy infrastructure but reveals move will push up network charges
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Britain’s energy watchdog gives go-ahead to initial £28bn of investment to upgrade UK energy infrastructure but reveals move will push up network charges
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UK households are to be hit by a £108 surge in energy bills to pay for infrastructure upgrades.
But households are expecting a rise in bills on Thursday as colder weather hits the country
Water UK said the increase is necessary as companies prepare to invest £20 billion between 2026 and 2027
Energy bills could drop by more than £200 for some households from April
The price cap could hit nearly £2,000 in July, a respected forecaster has said
The unexpected increase comes after experts at Cornwall Insight said they expected prices to fall by 1 per cent
Our community reacted with outrage to rising energy bills, criticising companies for prioritising shareholder profits over…
