Price cap could jump to £2,800 warns Ofgem’s Brearley
The price cap in October could jump to £2,800, Ofgem CEO Jonathan Brearley has told MPs.
Articles tagged with: default tariff price cap
Ofgem to consult on setting the price cap quarterly
Ofgem has launched a consultation into whether the default tariff price cap should be set every three months, instead of every six.
Energy Bill: Commitment to security welcomed although calls for government to pursue efficiency measures continue
Current± takes a look at how the energy sector has reacted to the inclusion of an Energy Bill in the Queen's Speech.
Winter price cap could jump by further £600, warns Cornwall Insight
Cornwall Insight is predicting the winter price cap will increase by a further £600 beyond last week’s 54% jump.
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Trade associations call on government to tackle energy crisis
The Association for Renewable Energy and Clean Technology (REA) and the Electrical Contractors' Association have urged the government to take greater action to tackle the energy crisis.
Civil society groups call for tripling of onshore wind and solar capacity amid energy crisis
A coalition of 38 civil society groups have called on government to support households facing surging energy bills, to scale up measures to reduce gas use and to drive forwards renewable energy.
Energy UK calls on Chancellor Sunak to provide additional support measures
Energy UK has called on Chancellor Rishi Sunak to provide additional support measures for consumers and the economy amid volatile energy prices.
Charities call on government to support the vulnerable as 8.5m face fuel poverty
Charities have called on the government to cut energy bills for the most vulnerable households, as they warn 8.5 million UK households face fuel poverty.
Energy costs extremely volatile as impact of Russian invasion of Ukraine reverberate through market, says Cornwall Insight
The cost of energy is extremely volatile currently due to Russia invading Ukraine, said Cornwall Insight.