Households face 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 bill

Energy 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.

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Source: www.theguardian.com

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