Ofgem consults on COVID-19 costs for the next level of the energy price cap

Press release

Publication date

Industry sector

Supply and Retail Market

Ofgem is consulting on its proposal that no further adjustment is required to account for the impact of COVID-19 for the default price cap from October 1 2021.

The consultation is open until 15 June 2021, with a final decision being published in early August before the next price cap update to take effect from 1 October 2021.

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About Ofgem   

Ofgem is Britain’s independent energy regulator. Our role is to protect consumers now and in the future by working to deliver a greener, fairer energy system. We do this by:   

  • Working with Government, industry and consumer groups to deliver a net zero economy at the lowest cost to consumers.   
  • Stamping out sharp and bad practice, ensuring fair treatment for all consumers, especially the vulnerable.   
  • Enabling competition and innovation, which drives down prices and results in new products and services for consumers.

For facts, figures and information about Ofgem’s work, see Energy facts and figures or visit the Ofgem Data Portal.   

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