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default tariff cap
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Home supply and services
The competition is on in the domestic energy market
It is difficult to deny that the Big Six have faced significant competitive pressure in the domestic market over the course of the year. Despite the 11 domestic market exits recorded since January 2019, new entry, new propositions and revitalised sales channels have resulted in some of the highest switching...
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Regulation and policy
Editor’s Pick | From little acorns: Ofgem’s state of the market report
This article was originally published in Energy Spectrum Issue 686 on 14 October 2019. Ofgem published its State of the Market 2019 Report on 3 October, giving us a comprehensive overview of the retail and wholesale energy markets and much more besides. Now in its third year, the report sees Ofgem diligently...
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Commercial and market outlook
Five things we learnt from Energy Spectrum | Issue 654
Within a week of Ofgem’s 7 February announcement of increases to the levels of the default tariff and safeguard tariff caps for domestic energy consumers for summer 2019, three large suppliers had increased their standard variable tariffs (SVTs) to match. The increase in the cap itself has been largely anticipated,...
