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UK: Two energy firms appeal Ofgem pricing rules

By  |  March 4, 2015

The U.K.’s Competition and Markets Authority Wednesday said it received two requests from British Gas and Northern Powergrid, for permission to appeal against the energy regulator Ofgem’s proposed price controls for 2015 to 2023.

CMA said it would now decide whether to grant permission for an appeal, which would then take six months to determine the appeals.

The CMA added that these appeals are separate from its ongoing investigation into the retail energy market, which has already suggested that households are overpaying and that the firms have “unilateral market power” over most customers.

 

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