price cap prediction

Cornwall Insight’s Default Tariff Cap (price cap) forecasts for October to December 2023 have dropped to £1,723 a year for a typical dual fuel consumer.

Energy research organisation Cornwall Insight has released its forecast for the July – September UK energy price cap.

Major international utility EDF has launched a new price cap forecasting service providing weekly updates for consumers.

Cornwall Insight's latest price cap predictions reach their lowest in over two years, but principal consultant Dr Craig Lowrey warns the UK energy system remains on a "tightrope."

Cornwall Insight has set its first Q1 Default tariff Cap prediction at £1,897.97 – 3.5% higher than the current cap.

Cornwall Insight’s final Q4 Default Tariff Cap prediction sees a £251 drop from the current cap.

In the final Price Watch of this series we explore imbalance prices dropping to -£18.81 as the Electricity Storage Network highlights concerns on National Grid ESO’s bid to run the GB electricity system for periods at zero carbon. 

Cornwall Insight's latest Default Tariff Price Cap predictions revealing “no immediate prospect” of prices returning to pre-pandemic averages.

Cornwall Insight’s latest price cap prediction for October to December 2023 has shown a £142 decrease from the current cap.

Cornwall Insight has released its final forecast for the Q3 2023 Default Tariff Cap (price cap) set at £2,053.77.