U.K. Bills to Rise by Extra £85 After Bulb Collapse, Ofgem Says
- Ofgem estimates cost of household bills in new legal filing
- Ofgem warned of competition issues if large supplier took over
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U.K. households, already bracing for their energy bills to rise by “several hundred pounds,” will see a further jump following the collapse of Bulb Energy Ltd. and other suppliers, the regulator said.