Ofgem lifts default and PPM price caps due to higher wholesale costs The regulator confirmed on Thursday 7 February that from 1 April, the levels of the default tariff price cap will increase on average by £117 and pre-payment meter cap by £106 for the next six-month period to reflect higher costs. While the prices of wholesale energy contracts used to calculate the cap have fallen in recent months, overall these costs remain 17% higher than the last cap period, plus network and ...
Helping you make sense of the energy and water sectors
Publications
Policy
Nick Palmer
Writer To keep reading, sign up today
Simply sign up and receive our free, exclusive
content online and direct to your inbox.
Would you like to receive
the latest insight and analysis?
Sign up for our FREE content
Sign-up
Who we work for
"Through all the massive and ongoing changes in the energy market Cornwall Insight really distils perfectly what we need to know."
e-Power
"Cornwall Insight's regulatory reports help me to identify the most important changes and those that will impact our business the most."
Haven Power
"Over the past 10 years Cornwall Insight has helped staff in Ofgem keep abreast of and understand developments in the energy industry."
Ofgem
