Ofgem considers adjusting price cap to reflect rise in unpaid bills

Ofgem is considering adjusting the price cap on default tariffs to loosen the reins on suppliers whose customers are unable to pay their bills as a result of the coronavirus pandemic. The regulator said it believes there has been a “material change” in the rate of non-payment and that an increase in the price cap may be required to account for a subsequent rise in the amount of bad debt.

Close
Close

Request a call back

[contact-form-7 404 "Not Found"]