We are reviewing operating cost allowances within the energy price cap, including setting allowances based on up-to-date information, different methods and updating allowances in the future.
We would like views from people who have an interest in how we set the operating cost allowances in the energy price cap. This includes energy suppliers and energy industry bodies. We also welcome responses from consumer groups and charities.
This review is part of our wider review of pricing reforms to make sure that the energy retail market is investable and resilient, and make sure that the price cap continues to protect energy customers.
We may decide to make changes to the operating cost allowances based on the responses we get from this review. If we do make changes, they will not be made until at least the April 2025 price cap period.
This consultation closed on 14 June 2024. Read our review of energy price cap operating costs.