Residents in blocks of flats up and down the country are being hit with energy bill increases of as much as 700 per cent because they are not protected by Ofgem’s price cap.
The cap will rise by a record 54 per cent in April, but an estimated 800,000 homeowners and tenants are on communal networks that heat large buildings. The contracts are negotiated for all residents collectively by freeholders and managing agents. Because the contracts are classed as commercial, not domestic, residents have no protection from rising prices.
