The proposed government crackdown on energy prices is unlikely to combat a steep increase in energy costs that are hampering small and medium-sized businesses, according to a new study. Prime Minister Theresa May earlier this month confirmed that the Conservative manifesto will include plans for price controls on energy bills. She claims the voter-friendly intervention will protect around 17 million families on standard variable tariffs from being exploited with sudden and unjustified increases in bills. But a new analysis by energy consultancy Utilitywise, seen by The Independent, shows that electricity costs for SMEs have already increased by 43 per cent since 2010 and that such caps might introduce even more crippling costs for companies.
Independent 17th May 2017 read more »