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Default Tariff Cap: will something turn up?

Robert Buckley Head of Relationship Development

Last Friday, (5 February) Ofgem set the level of the Default Tariff Cap for the summer of this year, covering the six months from 1 April 2021. The headline was of £90/year or so of rises in the most a supplier can charge on the tariffs they set for their “typical” sticky, non-switching customers. As we discuss in the week’s Energy Perspective, beneath the headlines, the increases reflect not just rising wholesale markets but also further interventions in ...

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