Shares pop after OFGEM provide more clarity
This morning the energy regulator OFGEM published its long awaited report on the energy price caps.
CNA were one of the best performers in the energy sector as the result was not as bad as first feared.
Ofgem pegged the limit for how much utilities can charge households on so-called standard variable tariffs at 1,136 pounds ($1,465) a year. That’s about 7 percent below the average SVT price. - Source BBG
CNA were one of the best performers in the energy sector as the result was not as bad as first feared.
Ofgem pegged the limit for how much utilities can charge households on so-called standard variable tariffs at 1,136 pounds ($1,465) a year. That’s about 7 percent below the average SVT price. - Source BBG
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