The regulatory body ACM (Authority for Consumers and Markets) concludes that the tariffs maintained by energy suppliers are reasonable. Earlier this year, the Authority for Consumers and Markets (ACM) conducted an investigation at three major energy companies on how tariffs are established, and whether these tariffs are proportionate to costs. The aim was to provide an answer to several questions, one of which was whether energy companies are profiting from the price cap. After all, the central government transfers (a lot of) money to energy companies that pass it on to customers to (partially) compensate for the usually higher energy bill. There were differences in the tariffs charged too. The Authority for Consumers and Markets (ACM) concludes that the tariffs are reasonable and that no additional profits are made. The high energy prices are caused by the turbulent energy market, resulting from the war in Ukraine.
Read Authority for Consumers and Markets’ (ACM) investigation here.