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Price cap amended to reflect SoLR gas levy costs

Price cap amended to reflect SoLR gas levy costs

Ofgem has amended price cap methodology to reflect the introduction of a new charge on gas distribution customers to recover the costs of Last Resort Supply Payments. For customers with a typical consumption profile, the regulator estimated the cost of the levy at £33 over the next price cap period or £30 for prepayment meter customers.

4 years ago

South East unveils £25m treatment plant expansion

4 years ago

Weekend press: Bulb administrators to appoint Lazard to find buyer

In our latest round-up of sector coverage across national media, Bulb’s administrators are said to be preparing to appoint advisors to find an exit from special administration. There is also coverage of the fallout of energy price hikes, as well as the less dramatic increases to water bills. Meanwhile, customers hit by power cuts in recent storms are increasingly considering generating their own electricity.

4 years ago

Ofgem proposes quarterly price cap to reduce time lag

4 years ago

New price cap includes £61 uplift for prior wholesale costs

4 years ago

Sector urges customers to seek support as water bills creep up

4 years ago

Innovation round-up: Green heating for social housing, £30m water research centre, Veolia launch to tackle hazardous waste

4 years ago

Ofgem scraps private financing plans for SoLR costs

4 years ago

‘Sticking plaster’: Energy sector reacts to bill rebates

4 years ago

Sunak unveils £9.1bn of rebates to cushion price cap hike

4 years ago

Ofgem reveals price cap to rise by £693 in April

4 years ago

Heat pump mandate will not achieve installation target

4 years ago

Defra demands focus on non-household market

4 years ago

Energy crisis: Citizens Advice issues ‘red alert’ warning

4 years ago

Environment given top priority in Ofwat’s SPS

4 years ago

Electricity networks get green light for £17.9bn of investment

4 years ago

Flexitricity calls for end to Mandatory Frequency Response

4 years ago

Ofgem brings forward price cap announcement  

4 years ago

Ofwat’s SPS to be revealed

4 years ago

Energy Reset: Where is the support package for bill shocks?

4 years ago

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