Price cap – Consultation on technical changes to the price cap methodology – June 2023
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
Publication date
Closed date
Industry sector
Supply and Retail Market
Decision
In this letter, we are consulting on a number of technical changes to the way in which we process modelling inputs used in the calculation of the price cap. These changes relate to our calculation of Contracts for Difference (CfD), the Great British Insulation Scheme (GBIS), formerly ECO+, and the calculation of unidentified gas (UIG). This letter sets out the background to the issues and the changes we propose to implement from charge restriction period 11a (1 October 2023 to 31 December 2023), due to be announced in August.
We welcome feedback on these proposals, if you wish to respond to this letter, please send your views to retailpriceregulation@ofgem.gov.uk by 28 July 2023.
Respond name
Retail Price Protection