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Davey demands gas price investigation

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Energy minister Ed Davey has written to the regulators questioning high profit margins on retail gas, and demanding an investigation: reported by the BBC, Independent and others.

It is suggested that if gas margins were similar to those for electricity, this could save the typical household £40 per year. The letter suggests that British Gas/Centrica prices and profits suggest a monopoly position.

The full text of the letter is here, and you can read more of our coverage of energy prices here.


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