The announcement by Ofgem of its minded-to decision in respect of a move from seasonal Default Tariff Cap periods to quarterly caps had been largely anticipated following communication from the regulator in February 2022. However, the move comes as part of a wide-ranging set of potential further changes to the cap that are set to rebalance some of the tariff risk from suppliers to consumers at a time when the cost of living crisis is set to escalate further.
In this podcast, our Head of Content and Communications, Veronica Truman interviews our Principal Consultant Dr. Craig Lowrey about the new default tariff cap. Today’s podcast also features a bonus clip at the end, delving into the topic further.
The first interview was taken from our weekly webinars which are a part of our Energy Spectrum and Daily Bulletin service.