Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Andy Gregory

Energy price cap ‘may triple by April’, as Kwarteng ‘plans clampdown’ on wind and solar firms

PA

The energy price cap could triple by April with bills rocketing to £6,000, according to a new forecast, as business secretary Kwasi Kwarteng was reported to be planning a clampdown on solar and wind firms.

The grim prediction from the Auxilione consultancy would reprent a nearly five-fold increase in energy prices in the space of a year, after regulator Ofgem’s price cap hit £1,971 four months ago.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.