Energy regulator Ofgem plans £20 cut to customers’ bills

Energy regulator Ofgem plans £20 cut to customers’ bills

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Households could see their energy bills cut by £20 a year under proposals put forward by the industry regulator, Ofgem.

Under the plans, Ofgem wants energy firms to cut their return on investments and spend £25bn in the next five years to invest in greener energy.

Ofgem said it was working “to deliver a greener, fairer energy system for consumers”.

However, the…

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