Energy price cap operating cost review benchmarking working paper
- Open
- Closed
We are seeking views on our ideas about approaches to benchmarking energy suppliers' costs. As part of our operating costs review, we’re considering how to set a single allowance in the energy price cap using data from different suppliers.
We published our price cap call for input on the operating cost allowances review in May 2023. It outlined how we intend to consider whether publishing working papers on specific policy areas would be beneficial before continuing with the formal consultation process.
The paper focuses on two main areas, they are:
Submit your comments by 8 November 2023.
priceprotectionpolicy@ofgem.gov.uk
We will use responses to our call for input, the working paper and the data we collect through our request for information to analyse the impact of different benchmarking options. This will feed into our policy consultation early next year.