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Energy investment of £28bn approved by regulator Ofgem

Source: BBC

Household energy bills will rise to help fund a £28bn investment in the UK's energy network.Most of the funding in energy regulator Ofgem's five-year plan will go towards maintaining gas networks, but £10.3bn will be used to strengthen the electricity transmission network.Households will see an additional £108 added to energy bills by 2031 under the plan.But Ofgem said that what people would end up paying for…

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