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Reviewing the potential impact of COVID-19 on the default tariff cap: September 2020 policy consultation

This policy consultation sets out our initial thinking on how the COVID-19 crisis might have impacted suppliers’ costs, whether we should adjust the default tariff cap (“the cap”), and if so, how.

We consider all the costs elements within the cap, and the impacts on serving both credit and PPM customers. We also discuss the different ways we could make any required adjustment, and when.

If you wish to respond to this consultation, please send your views to retailpriceregulation@ofgem.gov.uk by Monday 12th October 2020