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UK Energy Watchdog Opens Consultations on Price Cap, Including Changing Maximum Fee

By Joe Hoppe

 

The U.K. energy regulator said Friday that it has launched five consultations on proposals to ensure the cap on prices paid by consumers reflects the costs, risks and uncertainties facing energy suppliers, including changing maximum charges.

The Office of Gas and Electricity Markets has invited stakeholder views by Dec. 17.

Ofgem intends to publish all decisions except one by the beginning of February, with the final one related to coronavirus costs to published by August.

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

November 19, 2021 05:50 ET (10:50 GMT)

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