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Daily Mirror
Daily Mirror
Business
Sam Barker

Energy firms 'using customer cash like a credit card' face tough new crackdown

Brits with failed energy firms will have their cash better protected under tough new plans from regulator Ofgem.

Energy bills are currently an average of £1,971 a year and are set to hit £2,800 by October.

Most of this is due to the soaring cost of energy - but some of it is due to covering the cost of energy firms failing and needing to repay customers.

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