Default price cap jumps £96 as wholesale energy prices rebound
The default energy price cap is set to increase by £96 from 1 April 2021, returning to pre-pandemic levels to reflect rising wholesale prices.
The default energy price cap is set to increase by £96 from 1 April 2021, returning to pre-pandemic levels to reflect rising wholesale prices.
Ofgem is consulting on amending the default tariff price cap, in a move that would increase household energy bills by £21 per household.
The new episode of the Solar Media Podcast is now available, featuring discussion on the future of ultra-cheap renewables and worldwide power markets.