Customers have picked up the £2.7bn cost of supplier failures at an extra £94 per household, the Public Accounts Committee says.
Ofgem's failure to effectively regulate energy suppliers since 2018 has"come at a considerable cost" to British households, a watchdog report has found.
The committee's report said around 29 energy suppliers have failed since July last year, which has subsequently affected some four million households. The PAC report concluded this was due to"Ofgem's failure to effectively regulate the energy supplier market".
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
800,000 households urged by Martin Lewis to claim £2,000'There are 800,000 people in the UK eligible for tax-free childcare'
Weiterlesen »
People on certain benefits could get fibre broadband for £12.50 each monthJust 136,000 of the 4.2 million eligible households are moving to a social broadband tariff.
Weiterlesen »
Firms paying customers up to £100 for using power at certain timesThe scheme is being rolled out to prevent a winter blackout
Weiterlesen »
Shell Energy to make major change for customers - thousands could save moneySHELL Energy is offering customers the chance to switch back to a fixed tariff, helping them to save money. The energy provider, which has approximately 1.4 million customers, will offer those who …
Weiterlesen »
Plumber mislead customers and 'fleeced them of their hard-earned money'One customer was left without a functioning bathroom for over seven months
Weiterlesen »