This policy consultation sets out our initial thinking on how the COVID-19 crisis might have impacted suppliers’ costs, whether we should adjust the default tariff cap (“the cap”), and if so, how.
We consider all the costs elements within the cap, and the impacts on serving both credit and PPM customers. We also discuss the different ways we could make any required adjustment, and when.
If you wish to respond to this consultation, please send your views to retailpriceregulation@ofgem.gov.uk by Monday 12th October 2020
The status of this consultation has been changed to “Closed (with decision)” as the consultation period has passed. For more information, please see our consultation policy.