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Energy bills could rise again

Millions of households are being warned their energy bills may have to go up even though suppliers face the prospect of increased profits, according to a new report by regulator Ofgem.

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Power station closures likely to push up prices

According to the energy regulator Ofgem:

  • The amount of spare capacity on Britain's electricity network is 14%
  • That could fall to 4% in 2015/16
  • This is because coal-fired power stations are likely to close earlier than expected under EU environmental rules

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