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HomeRenewablesBox Power CIC‘Ofgem’s electricity costs outpace most government bodies’

‘Ofgem’s electricity costs outpace most government bodies’

Ofgem paid a higher electricity price last year compared to almost every other government department or agency.

That’s according to new research by BOX Power, which suggests the energy regulator paid two to three times more than some other government entities.

Ofgem, however, clarified that as a tenant in its office, it had no control over the rate it paid.

According to the study, if the 200 public sector bodies paying the most had paid the average rate of the 200 paying the least, taxpayers could have saved £828 million, equivalent to funding 20 million GP appointments or more than two million ambulance journeys.

An Ofgem spokesperson told Energy Live News: “Energy charges for our offices are included as part of the tenancy agreement for those premises. Ofgem does not regulate energy prices for business customers, including public sector organisations.”

Energy Live News
Energy Live Newshttps://www.energylivenews.com
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
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