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Consumer attitudes towards price cap changes

Content:
Research
Publication date:
Topic:
Energy pricing rules
Sub Topic:
Energy price cap
Industry sector:
Supply and Retail Market

This qualitative research was undertaken in April 2022. We wanted to understand consumer attitudes towards increasing the frequency of the price cap and how this should be communicated by suppliers.

These focus groups explored domestic energy consumers' views and understanding of:

  • The current energy market,
  • The price cap,
  • Six monthly price cap updates and proposed quarterly updates,
  • Notification periods
  • Communication preferences for price cap notifications.