Energy UK says price cap is not inevitable and could have been avoided if industry had acted more quickly on 'rip-off' tariffs Energy suppliers could have avoided the government imposing a price cap if they had acted faster to shift customers off the tariffs branded a "rip-off" by Theresa May, according to an industry lobby group. Lawrence Slade, chief executive of Energy UK, also said he believed it was still possible the cap might not happen - if the sector can transform itself in time.
Energy UK says price cap is not inevitable and could have been avoided if industry had acted more quickly on 'rip-off' tariffs Energy suppliers could have avoided the government imposing a price cap if they had acted faster to shift customers off the tariffs branded a "rip-off" by Theresa May, according to an industry lobby group. Lawrence Slade, chief executive of Energy UK, also said he believed it was still possible the cap might not happen - if the sector can transform itself in time.
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