'Give notice' of fuel bill rises
Gas and electricity suppliers should be required to give 30 days' warning before putting up prices, the UK energy watchdog said yesterday.
Ofgem said it wanted to reverse current rules that allow energy firms up to 65 days to notify households after they have put up prices.
The change, which could come into force next January, would also end the practice of suppliers enforcing rises immediately, while price cuts are often delayed by weeks.
Price rises are likely after Ofgem yesterday warned that suppliers were seeing big rises in wholesale costs.