posted 20th July 2022
There's no absolute cap on energy costs. Every six months (soon to be every three months), a cap is set on gas & electricity unit rates and standing charges. This price cap is mostly predictable as it is dictated by regulator Ofgem's published algorithm, based mainly on year-ahead wholesale prices. These have spiked in recent weeks, so analysts Cornwall Insight's latest predictions are frightening... Considering installing Solar PV?.... Get intouch for a quote
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