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Ofgem Warns of Higher Energy Costs Ahead | Markets & Money News
Recent developments in the energy sector signal potential challenges for households as Ofgem warns of a tough winter. Proposed changes, including the Market Stabilisation Charge (MSC), could hinder customers from switching suppliers and taking advantage of cheaper energy deals. While aimed at stabilizing the market, critics argue it may limit competition and keep costs high. With a significant price cap increase expected in January, experts recommend consumers explore fixed deals to save money
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