Will the next energy price cap level be higher or lower? It's difficult to say where energy prices will go because the wholesale market is still so unpredictable. However, EDF regularly examines the latest developments and releases predictions for future price cap levels every few weeks. ...
What is the energy price cap? The energy price cap is a legally enforced upper ceiling on the amount energy suppliers can charge customers on standard variable and default energy tariffs. It was instituted by an act of Parliament – the Domestic Gas and Electricity (Tariff Cap) Act – and i...
More than half of energy customers do not know what the price cap is or how it works, a report claims.
The U.S., Europe and the Group of 7 democracies have agreed to put a price cap on Russian oil exports to other countries. The cap proposed by U.S.
Ofgem has announced a drop to its energy price cap from the current £3,280 per year to £2,074 for the average household in England, Wales and Scotland.The change, which will take effect from July 1, is due to falling wholesale energy prices. ...
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Energy watchdog Ofgem has warned that while the energy price cap is going to fall in October, families are"absolutely going to struggle"with their bills this winter as its boss urged the government to bring back support for families.