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Adapting the price cap methodology for resilience in volatile markets: NEA response to Ofgem consultation
Adapting the price cap methodology for resilience in volatile markets: NEA response to Ofgem consultation
Post on 14th Jan 2022
NEA’s Response to the the Ofgem Statutory Consultation on short term changes to the price cap in Aprul 2022.. NEA believes that the best option for fuel poor households is to “do nothing” and strongly disagrees with the proposals to allow suppliers to charge an exit fee for standard variable tariffs. NEA would support requiring suppliers to make all new tariffs available to existing customers.
Nation / Region: England , Wales
Content Type: Publications
Consultation, Economics, Ofgem, Price Cap
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Adapting the price cap methodology for resilience in volatile markets: NEA response to Ofgem consultation
Adapting the price cap methodology for resilience in volatile markets: NEA response to Ofgem consultation
Post on 14th Jan 2022
NEA’s Response to the Ofgem Consultation on adapting the price cap methodology in the long term. NEA believes that Ofgem should investigate the viability of a parallel price cap for vulnerable households that has a lower cost base than the broader cap. We support the option to enhance the current price cap, but believe a move to fixed term standard variable tariffs would be an unacceptable option.
Nation / Region: England , Wales
Content Type: Publications
Consultation, Economics, Ofgem, Price Cap
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NEA response to Ofgem’s Forward Work Plan 2021-23
NEA response to Ofgem’s Forward Work Plan 2021-23
Post on 16th Feb 2021
NEA’s Response to the Ofgem Consultation on their Forward Work Programme 2021/23 Gas Levy. NEA believes that Ofgem should provide clarity on the actions they will take in the next year of their consumer vulnerability strategy.
Nation / Region: England , Wales
Content Type: Publications
Consultation, Ofgem, Regulation
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Fuel poverty charity comments on £96 increase to the energy price cap
Fuel poverty charity comments on £96 increase to the energy price cap
Post on 05th Feb 2021
The energy regulator Ofgem has today announced an £96 increase to the energy price cap. The increase is likely to result in suppliers putting their prices up in the coming weeks before the new cap level takes effect in April.
Nation / Region: England , Wales
Content Type:
Media, News, News Release, Ofgem
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NEA response to Ofgem VCMA Governance Drafting Consultation
NEA response to Ofgem VCMA Governance Drafting Consultation
Post on 29th Jan 2021
NEA’s response to the Ofgem VCMA Governance Drafting Consultation. NEA is supportive of the vulnerability and carbon monoxide allowance for gas networks. We believe for the allowance to create best value, it should have sufficient focus on supporting vulnerable customers, both in the make up of project portfolios and through addressing carbon monoxide. Additionally, we believe that all delivery partners must meet licence obligations to treat customers fairly.
Nation / Region: England , Wales
Content Type:
Consultation, Funding, Ofgem, Vulnerability
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NEA response to Ofgem FPNES Governance Drafting Consultation
NEA response to Ofgem FPNES Governance Drafting Consultation
Post on 29th Jan 2021
NEA’s Response to the Ofgem FPNES Governance Drafting Consultation. NEA fully supports the Fuel Poverty Network Extension Scheme, and is pleased that it will continue until 2026. In order for the scheme to reach its full potential, Ofgem must require installers to adhere to licence obligations around treating customers fairly, and give adequate advice to households.
Nation / Region: England , Wales
Content Type: Publications
Consultation, Gas, Ofgem
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NEA response to Ofgem consultation on Reviewing the potential impact of COVID-19 on the Default Tariff Cap
NEA response to Ofgem consultation on Reviewing the potential impact of COVID-19 on the Default Tariff Cap
Post on 21st Dec 2020
The alarming increase in Excess Winter Deaths last year was before the impact of Covid-19 struck. Covid-19 is likely to have left many households more exposed to the risks of living in a cold home than ever before
Nation / Region: England , Wales
Content Type: Publications
COVID-19, Excess winter death, Ofgem
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Response to Ofgem consultation ‘Extending protections for domestic customers who may have prepayment meters installed under warrant
Response to Ofgem consultation ‘Extending protections for domestic customers who may have prepayment meters installed under warrant
Post on 08th Dec 2020
Overall, NEA is pleased that Ofgem is seeking to extend protections for domestic customers who may have prepayment meters installed under warrant (Electricity and Gas Supply Standard Licence Condition 28B). We fully support this approach and it will be necessary until at least mid-2025 when the smart meter rollout should finally largely complete.
Nation / Region: England , Wales
Content Type: Publications
Consultation, Ofgem
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NEA comments on Ofgem’s final RIIO-2 price control proposals for 2021-26
NEA comments on Ofgem’s final RIIO-2 price control proposals for 2021-26
Post on 08th Dec 2020
The energy regulator Ofgem has today published its final proposals for its price control for the next five years for gas transmission, electricity transmission, gas distribution and the electricity system operator in Great Britain.
Nation / Region: England , Wales
Content Type: News
Distribution, Electricity, Gas, Ofgem, Transmission
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