First Utility says regulator’s final report, which also rows back on estimates for scale of overcharging by big six, ‘missed the mark’
The competition watchdog has overridden the concerns of one of its key experts by ditching plans for a temporary cap on how much energy firms can charge, opting instead for helping customers switch to cheaper deals.
A final report – two years in the making – on energy market reforms has also rowed back on its estimates for the scale of overcharging by the big six suppliers, but still believes it amounts to £1.4bn annually.