Fears of higher energy bills as £28bn grid upgrade gets go-ahead

Plan to improve gas networks and rewire electricity systems across Great Britain likely to add £30 to average annual billEnergy companies have been given the green light to spend £28bn on Great Britain’s gas and electricity grids, raising fears of higher household bills.The energy watchdog, Ofgem, approved more than £17.8bn of spending plans to upgrade gas transmission and distribution networks in the five years from 2026. Continue reading...