Companies including EDF, Centrica and Octopus express ‘alarm’ over bill allowing ministers to overrule Ofgem
The UK’s big energy suppliers have urged the government to reverse part of its energy prices bill, saying it grants “extensive” new powers to ministers and puts billions of pounds worth of investment in jeopardy.
The bill, which is making its way through parliament, was introduced as part of efforts to reduce household costs and address the broader energy crisis.
