Ofgem Announces Supplier Default Tariff Price Cap Decrease

    View Authors August 2019

    On 7 August 2019, Ofgem announced the Default Tariff Price Cap would decrease by £75 (6%) to £1,179 per year for the six months effective from 1 October 2019, due to lower prices in wholesale energy markets. Rob Broom (Associate) and Paul Brennan (Consultant) from our Energy & Natural Resources Practice, take a closer look at the Default Tariff Price Cap and how its protections work for electricity and gas customers.