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SVT
-
Press Releases
Price cap declines but is expected to fall further still
Commenting on today’s Ofgem announcement that the default price cap would decrease by £17 to £1,162 for the six months effective from 1 April 2020, Robert Buckley Head of Retail and Relationship Development at Cornwall Insight, said: “Due to the mild winter the UK has experienced, it will have come...
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Press Releases
Standard variable and fixed tariffs gap widen to highest in three years
Last month many suppliers started to anticipate the price cap rising to £1,254/year on 1 April by increasing their standard variable tariffs (SVTs) to meet the new cap level. As a result, of this upward pressure on SVTs, the gap between default and market-based fixed tariffs increased. Research from Cornwall...
