Price Cap - Decision on possible wholesale cost adjustment
Decision
Publication date
Industry sector
Supply and Retail Market
We consulted in May 2022 on whether suppliers are incurring additional efficient wholesale costs and whether any adjustment is necessary to the default tariff cap. We have carefully considered all evidence and representations provided by stakeholders.
This document sets out our decision to introduce an adjustment for the costs of unexpected Standard Variable Tariff demand relating to cap period eight (April to September 2022). This adjustment will take effect from 1 October 2022, for 12 months.