Price cap – update on reviewing additional wholesale costs
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Price cap – Open letter on reviewing additional wholesale costs
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An open letter providing an update on the review of additional wholesale costs (and benefits), covering October 2022 to September 2023.
This letter outlines that we have decided to reschedule the intended follow-up consultation from late September to late November/early December 2023, in order to ensure the analysis and calculations used to consider an adjustment, are robust.
The letter also sets out our framework for considering whether an adjustment to the cap is appropriate and seeks views on how we interpret and disaggregate commercial decision making within any impacts we assess in our final decision.
We welcome views and comments on the questions outlined in the letter by close of business on Monday 23 October 2023.
Respond name
Dan Norton
Respond email
priceprotectionpolicy@ofgem.gov.uk
Main document
[Review of additional wholesale costs in the default tariff cap: update [PDF, 285.54KB]
Response documents
[Price cap – update on reviewing additional wholesale costs - non-confidential responses [ZIP, 2.50MB]
Related links
Price cap – Open letter on reviewing additional wholesale costs