Ofgem publishes two price cap consultations and decision on market stabilisation charge
Ofgem has launched two Price Cap consultations, one on changes to the wholesale methodology and the other on possible wholesale cost adjustment.
Ofgem has also published its decision on changes to the market stabilisation charge - this is our decision on our 31st March 2022 consultation.
Alongside the above, Ofgem has written to suppliers with updated guidance on treatment of price indexation in future default tariff cap.
The next adjustment of the price cap will be announced in August 2021.
Further information
For investors:
· Email - Aidan.Stringfellow@ofgem.gov.uk
· Tel - 07387 049764
For media:
· Email - press@ofgem.gov.uk
· Tel - 020 7901 1881
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