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January
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Press Releases
Cornwall Insight release price cap forecasts for 2024
Prior to the introduction of the October - December 2023 Default Tariff Cap (price cap), Cornwall Insight has announced its forecasts for 2024. Our new figures predict the price cap for a typical, dual-fuel, direct debit, household will rise by around 3.5% in January. Under Ofgem’s old definition of average...
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Press Releases
Cornwall Insight’s response to the announcement of the October price cap
Ofgem has today announced the October Default Tariff Cap (price cap) at £1,923 a year for a typical dual fuel consumer1 for the final three months of 2023. This is based on the regulator’s current definition of an average household's gas and electricity use2, and shows a 7% decline from...
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Press Releases
Price cap forecasts for January rise to over £4,200 as wholesale prices surge again and Ofgem revises cap methodology
The predictions for the Default Tariff Cap in this piece are out of date please click HERE to find our most up to date forecasts. New forecasts for the January Default Tariff Cap (price cap) from Cornwall Insight have risen by over £6501, meaning a typical household is now predicted to pay...
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Press Releases
Price cap to remain significantly above £3,000 a year until at least 2024
The predictions for the Default Tariff Cap in this piece are out of date please click HERE to find our most up to date forecasts. New forecasts for the Default Tariff Cap (price cap) from Cornwall Insight have shown a typical household’s energy bill will be well over £3,000 a year for...
