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U.K. Prime Minister Proposes Retail Electric Supply Price Caps

May 10,2017



U.K. Prime Minister Theresa May is including in a Conservative "manifesto" price caps on retail electricity supply rates

Specifically, May is calling for a cap on the default standard variable tariffs applicable to non-shopping customers. Regulator Ofgem would set the caps every 6 months.

See the stories below for more:

Guardian: Theresa May to promise price cap on energy bills in Tory manifesto

BBC: Energy bills: £100 cap plan defended by Theresa May

Telegraph: Theresa May admits energy price cap is not 'Conservative' but voters come before ideology

Guardian: Tory MPs plot to water down Theresa May's energy price cap pledge

Guardian: Tory energy pledge: May says she still believes in free market despite vow

Guardian: British Gas owner warns Tory energy price cap could push up prices

Independent: Energy prices could still go up under Theresa May’s price cap plans, admits Business Secretary Greg Clark

Tags:
Rate caps   U.K.   Default Service  

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