price cap

​The Default Tariff Cap is now predicted to stay above £3,000 a year for the next 15 months, according to the most recent forecast from Cornwall Insight.

​Ofgem has told five suppliers they need to take immediate action after moderate or severe weaknesses were found in their direct debit processes.

​In the latest issue of our Current± Price Watch series – powered by LCP Enact – we take a low at the record low strike prices achieved in the most recent Contracts for Difference auction, even as predictions for the next two price caps continue to surge.

​As volatility in the international gas market continues, the price cap is now set to hit £3,363 for Q1 2023.

The Energy Bill is set to be introduced to parliament today (6 July) by business and energy secretary Kwasi Kwarteng.

​The UK government needs to think beyond the short term to truly tackle the energy crisis, according to a new report from consultancy Stonehaven.

The impact of rising energy bills is continuing to be documented, with the number of households finding it challenging to pay rising as interest in energy efficiency also increases.

​The price cap in October could jump to £2,800, Ofgem CEO Jonathan Brearley has told MPs.

​Ofgem has launched a consultation into whether the default tariff price cap should be set every three months, instead of every six.

​A new Energy Bill was announced today (10 May) as part of the Queen's Speech, to help the UK build a more secure, homegrown energy system that is both cleaner and more affordable.