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The Centre for Policy Studies think tank said Oftem’s cap has gone ‘far beyond’ its original purpose of providing protection for customers.
The Centre for Policy Studies think tank said Oftem’s cap has gone ‘far beyond’ its original purpose of providing protection for customers.
Instead of protecting consumers from high prices, Ofgem’s Energy Price Cap (EPC) is now “actively harming competition” and should be abolished, a report has said.
The energy price cap is keeping bills artificially high and fuelling inflation, an influential think tank has warned.
The Centre for Policy Studies think tank said Oftem’s cap has gone ‘far beyond’ its original purpose of providing protection for customers.