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default tariff price cap
May 18, 2021
Ofgem consults on COVID-19 cost adjustments for next price cap period
With debt related costs back to pre-pandemic levels, Ofgem is considering not adding an additional float to price cap period seven.
February 5, 2021
Default price cap jumps £96 as wholesale energy prices rebound
The default energy price cap is set to increase by £96 from 1 April 2021, returning to pre-pandemic levels to reflect rising wholesale prices.
February 2, 2021
Ofgem increases price cap by almost £24 as 'Adjustment Allowance' is approved
Ofgem is to adjust the default tariff price cap by almost £24 in response to growing bad debt as a result of the COVID-19 pandemic.
January 20, 2021
Customers’ bills to jump with price cap increase of £66 as wholesale energy prices recover
The default tariff price cap is set to increase by £66 from April 2021 as wholesale power prices jump.
November 20, 2020
Household bills could jump £21 as Ofgem consults on managing ‘bad debt’ through tariff changes
Ofgem is consulting on amending the default tariff price cap, in a move that would increase household energy bills by £21 per household.
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