NewsBot
04-Aug-22, 23:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Ofgem Confirms Changes To The Price Cap Methodology And Frequency Ahead Of New Rate To Be Announced Later This Month
Today (Thursday 4 August 2022) Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a very challenging winter ahead. Today's change will go some way to provide the stability needed in the energy market, reducing the risk of further large-scale supplier failures which cause huge disruption and push up costs for consumers. [Read Full Article (https://caithness-business.co.uk/article/17408)]
Ofgem Confirms Changes To The Price Cap Methodology And Frequency Ahead Of New Rate To Be Announced Later This Month
Today (Thursday 4 August 2022) Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a very challenging winter ahead. Today's change will go some way to provide the stability needed in the energy market, reducing the risk of further large-scale supplier failures which cause huge disruption and push up costs for consumers. [Read Full Article (https://caithness-business.co.uk/article/17408)]