Ofgem has proposed that no further adjustments be made to the price cap to account for the impact of the pandemic following a review of suppliers' forecasts for bad debt. The regulator previously ruled that cap period six, which began on 1 April, should include an additional allowance, or "float", for suppliers to claim £23 to cover higher levels of bad debt from more customers being unable to pay their energy bills due to the impact of Covid.
No Covid adjustment needed for next price cap period
