Price cap - Statutory consultation on changes to the wholesale methodology

  • Upcoming
  • Open
  • Closed (awaiting decision)
  • Closed (with decision)

This is a statutory consultation on proposed changes to the price cap wholesale methodology. The consultation addresses the price cap index, including the length of the notice period. It also contains a proposal to update the wholesale methodology to include backwardation. The deadline for responses is Tuesday 14th June 2022.

As of 26/05/2022 we have updated the draft annex 2 model on this webpage. Following responses from stakeholders, we have updated the wholesale cost model and made some technical changes to the calculation, including the transitional approach weightings. This does not impact the policy proposals put forward in the consultation.

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Dan Norton

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