Comment on Energy bills in Great Britain rise by 5% as price cap increases
stevehobbes@lemy.lol 5 months agoIt prevents surprise bills. You know the maximum you’ll pay for the next 3 months.
Comment on Energy bills in Great Britain rise by 5% as price cap increases
stevehobbes@lemy.lol 5 months agoIt prevents surprise bills. You know the maximum you’ll pay for the next 3 months.
JustARaccoon@lemmy.world 5 months ago
That wasn’t the original intent of the measure though afaik, it was to regulate third parties so they don’t overcharge. Yet here we are, utilities companies charging ever higher prices and also reporting ever higher profits.