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Energy Crisis Spares No One—Not Even the Queen

Started by forex4you, Feb 07, 2022, 06:08 pm

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Energy Crisis Spares No One--Not Even the Queen

The energy bill for Royal buildings in the UK will soar by $2.71 million (2 million pounds) after energy market regulator Ofgem raised the cap on electricity bills by 54 percent from April. After the hike, the Queen will have to pay some $5.41 million (4 million pounds) for electricity, Yahoo News reported. Ofgem reported last Thursday the energy price cap would be raised by 54 percent or $937 (693 pounds) from April 1, following the steep increase in natural gas prices last autumn. The price cap is a mechanism aimed at protecting customers from...


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