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Ofgem’s default tariff cap set for new high in winter 2021-22

Craig Lowrey Senior Consultant

The introduction of the default tariff cap in 2018 reflected a material shift in UK energy policy from deregulation back towards an element of centralised control. Established as a means by which to limit increases in domestic customer bills under the energy trilemma, the cap has become a lightning rod for politicians, suppliers, industry commentators and Ofgem, alike. Despite serving as a means by which to curtail cost increases, Cornwall Insight’s assessment of the level of the default tariff ...

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