Energy price cap: Ofgem considers ‘dynamic’ limit based on time of day

Energy price cap: Ofgem considers ‘dynamic’ limit based on time of day

Regulator for Great Britain launches consultation on options for future of price controls

Business live – latest updates

The watchdog Ofgem is to consider introducing a new “dynamic” price cap based on the time of day British households use their energy, it has announced.

The energy regulator for Great Britain has launched a consultation on a range of options for the future of the price cap, including a “more dynamic cap” with “time-of-use dependent unit rates to encourage consumer flexibility”.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *