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Watchdog backs regulator’s plan to reduce UK energy firms’ returns

  • 📰 The Guardian
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CMA sides with Ofgem on protecting consumers by capping cable and gas pipe investment returns

Householders pay for investment in transmission cables and gas pipes, which typically makes up about a fifth of their energy bill.Householders pay for investment in transmission cables and gas pipes, which typically makes up about a fifth of their energy bill.The competition watchdog has sided with the UK energy regulator after an industry rebellion over a clampdown on the returns energy network companies can make at the expense of customer bills.

 

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