Octopus objects to additional bad debt allowance in PPM cap

Octopus Energy has opposed plans by Ofgem to introduce an allowance in the pre-payment meter price cap to enable energy suppliers to recover bad debt associated with Additional Support Credit (ASC). Ofgem proposed the allowance in June over fears suppliers will see an increase in ASC bad debt costs this coming winter, for which there are currently no allowances in the cap.

Standard content for Members only

To continue reading this article, please log into your Utility Week Account or subscribe now

Already registered?

Log in

Request a call back