Investegate |OFGEM Announcements | OFGEM: Ofgem announces ED price control proposals
Investegate announcements from OFGEM, Ofgem announces ED price control proposals
Source: investegate.co.uk
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UK energy networks appeal against Ofgem's price control
Image: Shutterstock Nine energy network companies are seeking permission from the Competition and Markets Authority (CMA) to appeal against Ofgem’s price control. They are appealing against changes to the electricity and gas transmission and gas distribution licences, which set out how much energy companies can charge their customers – the result of the RIIO-2 price control decision issued by Ofgem in December 2020 for the period between 1st April 2021 to 31st March 2026. The appeals largely focus on the allowed return on investment and the way Ofgem calculated the costs the companies wo...
Source: energylivenews.com