BEIS Committee calls for social tariff and relative price cap

The current market-wide price cap on energy tariffs should be replaced with a social tariff for the most vulnerable customers and a relative price cap for the rest of the market, the Business, Energy and Industry Strategy Committee has argued. In the meantime, the government must “immediately update” its support package for low-income households which is “no longer sufficient” for the price cap increase now expected in October.

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