Ofgem consults on COVID-19 costs in energy price cap

Press release

Publication date

Industry sector

Supply and Retail Market

Ofgem is consulting on proposals to amend the default tariff price cap’s ‘Adjustment Allowance’ from April 1 2021 to account for the impact of COVID-19 on the efficient costs of supplying domestic default tariff customers.

The consultation is open until 21 December 2020. Ofgem will publish a final decision early in February 2021 shortly before announcing the next price cap update to take effect from April 1 2021.

Ofgem is also publishing two further documents related to the default tariff price cap: Updating the allowance for smart metering costs working paper and Setting the PPM smart meter cost allowance working paper.

Further information

For investors:


07387 049764

For media:


020 7901 1881/ 07928 829 894