Back

NEA response to Ofgem’s call for input on the allowance for debt-related costs (price cap)

NEA response to Ofgem’s call for input on the allowance for debt-related costs (price cap)

Ofgem are consulting on potential changes to the allowance for debt related costs in the price cap. NEA is pleased that they is asking for views on how to respond to the changes in debt costs in the energy market, and we focus our response across three themes. Firstly, taking into account over-allocation of debt costs over winter 2022/23, as well as any under-allocation that has occurred due to new rules regarding the forced installation of prepayment customers. Secondly, who pays the costs is important (as per levelisation CFI). Last, but by no means least, we argue that the outcome for consumers beyond price is crucial.

Resources

NEA response to Ofgem’s call for input on the allowance for debt-related costs (price cap)
Download the report

Related resources