Consumers look set to foot the bill for upgrading pipes and facilities, which gas networks say will see their costs rise by up to 27% according to a report in The Guardian.
Network companies including National Grid have told the energy regulator that the cost of upgrading their facilities will rise by double-digit amounts between 2013 and 2021 – an increase that would ultimately be passed on to consumers if it is waved through. The estimates led one energy commentator to warn that the energy-related financial squeeze on UK households was coming from “all sides”.
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