Energy price cap additional wholesale costs decision

Decision

Publication date

Industry sector

Supply and Retail Market

Summary

This publication details our decision after receiving views and feedback from stakeholders regarding making an adjustment to the energy price cap for wholesale costs.

We asked for views and feedback on our proposals in the Energy price cap wholesale costs review consultation.

Decision

We have decided not to adjust the energy price cap to reflect differences between wholesale costs and allowances between October 2022 to September 2023. We have also decided to make two small changes to the Annex 2 wholesale allowance methodology model.

You can also read a summary of feedback received on the priorities for future wholesale methodology reviews in this decision document.