Posted 3/11/2024, 12:45:24 PM
Rising Energy Costs Could Hit Low Income Families Hardest on the Path to Net Zero, Warn Regulators
- Energy bills could rise for low income families as UK pushes for net zero carbon emissions, Ofgem warns
- Poorer households less able to invest in green tech like heat pumps to mitigate rising costs
- Ofgem launching review to protect vulnerable families from future energy bill spikes
- Regulator concerned over rising consumer debt and repayment plans in retail energy sector
- Calls for more long-term measures to support struggling customers amid market transition
