Energy price cap wholesale costs review

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

Publication date

Closed date

Industry sector

Supply and Retail Market

Decision

We want to hear your views about our proposals for the wholesale costs included in the energy price cap.

This consultation looks at our proposals to:

  • not adjust the level of future energy price caps for differences between wholesale allowances and wholesale costs between October 2022 to September 2023
  • conduct reviews of a range of wholesale allowance topics over the medium term
  • make technical changes to the wholesale cost allowance (Annex 2) model, which we publish alongside each energy price cap announcement

Who should respond?

  • Energy suppliers
  • Consumer groups and charities
  • Customers

How to respond

Please send your feedback by Wednesday 17 January 2024. You can share your views by emailing priceprotectionpolicy@ofgem.gov.uk.

Respond name

Dan Norton