Price cap – Statutory consultation on introducing an allowance for bad debt associated with Additional Support Credit

This is a statutory consultation on our proposed approach to introducing an initial 12-month allowance in the default tariff cap (‘the cap’) for bad debt costs associated with Additional Support Credit (ASC) given to Prepayment meter (PPM) customers. We will consider whether this should become an enduring change to the cap as part of our Operating Costs review. We welcome views from all stakeholders with an interest in the domestic retail energy supply market, including consumer groups, charities and suppliers, on any of the proposals and considerations set out in this consultation.

If you wish to respond to this consultation, please send your comments to priceprotectionpolicy@ofgem.gov.uk on or before Wednesday 26 July 2023.