Energy Live News| Quarterly Price Cap 

Ofgem have proposed moving the Price Cap to a quarterly review system. Principle Consultant Dr Craig Lowrey featured in Energy Live News discussing our preliminary forecasts for an average domestic energy bill under the proposed new system.

Our initial view based upon the information and draft models provided by Ofgem – and given current market condition – is that the fourth quarter 2022 and first quarter 2023 will show an approximate 5% reduction on our current forecast.

Dr Craig Lowrey

Energy Live News