This article was extracted from our Energy Spectrum publication published 23 May 2022. Energy Spectrum is a weekly news service which keeps you up-to-date with developments in the market. For the full article please contact Jack Hunt at firstname.lastname@example.org
The announcement by Ofgem of its minded-to decision in respect of a move from seasonal Default Tariff Cap periods to quarterly caps had been largely anticipated following communication from the regulator in February 2022. However, the move comes as part of a wide-ranging set of potential further changes to the cap that are set to rebalance some of the tariff risk from suppliers to consumers at a time when the cost of living crisis is set to escalate further.
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Our Energy Spectrum and Daily Bulletin service is a weekly and daily news service that keeps you up to date with the developments in the market. Both publications cover all of the critical policy, regulatory, market and transactional developments across the energy sector. This service will arm you with the information and insights necessary to succeed.
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