Energy Price Cap could be replaced by ‘market-based’ system
by Daniel O'Boyle
Mar 25, 2024
2 minutes
The Energy Price Cap could be replaced by a “market-based” system that could leave household consumers more exposed to the fluctuations in the wholesale energy markets, under new proposals being considered by the energy regulator.
is consulting on “a range of options for the future of the price cap”, amid the rise of renewable energy sources like solar where output can vary depending on the time and weather.
You’re reading a preview, subscribe to read more.
Start your free 30 days