U.K. Default Retail Energy Price Caps Fall
U.K. regulator Ofgem announced that the default price cap, which applies to around 11 million households, is set to fall from £1,179 to £1,162 for th...
Read More · Comments
U.K. Court Rules Ofgem Erred In Changing How Retail Energy Price Cap Set
A U.K. court has granted an appeal brought by Centrica and found that regulator Ofgem inappropriately changed how the retail energy price cap was set,...
Read More · Comments
U.K. Price Caps To Fall This Winter Due To Lower Wholesale Costs
U.K. regulator Ofgem said that the level of the default retail energy price cap, which applies to around 11 million default tariff customers, will fal...
Read More · Comments
Academic Report: U.K. Retail Energy Price Cap Has "Destroyed" Competitive Market For Consumers
A new study from academics at the University of Warwick and the University of Exeter in the U.K. concludes that the U.K. default price cap will leave...
Read More · Comments
AUS Regulator: Retail Supplier Should Not Recoup Lost Profits From New Default Price Caps By...
As previously reported, new default market offer price caps for electricity take effect on July 1 in Australia, and the Australian Competition and Con...
Read More · Comments
Parent Of Retail Supplier EnergyAustralia Takes $900 Million Write-Down Due To Price Cap
CLP Group, parent of large retail supplier EnergyAustralia, expects to report a write-down of goodwill of $760 million to $900 million (USD) due to d...
Read More · Comments
Ofgem Says Retail Suppliers Not Doing Enough For Customers In Debt, Further Price Caps Possible
U.K. energy regulator Ofgem released a draft Consumer Vulnerability Strategy 2025
Among other things, Ofgem said that, "Ofgem is also concerned su...
Read More · Comments
Victoria (AUS) Sets Initial Default Offer (Rate Cap)
Victoria (AUS) Sets Initial Default Offer
The government of Victoria, Australia has set the initial default retail energy offer (cap) under its previ...
Read More · Comments
FERC Grants Limited Rehearing/Clarification Of Order Raising Offer Caps
FERC issued an order which granted rehearing or clarification on certain discrete issues regarding its order (Order No. 831) setting a hard cap of $2,...
Read More · Comments
Report: U.K. PM To Present Draft Bill For Expanded Retail Energy Price Cap Next Week
The Financial Times reports that U.K. Prime Minister Theresa May said the government would present a draft bill for an electricity and natural gas ret...
Read More · Comments
FERC Grants Calif. ISO Extended Deadline To Implement Higher Offer Caps
FERC has granted a request from the California ISO to extend the deadline by which CAISO must comply with the higher offer caps under Order No. 831 in...
Read More · Comments
U.K. Prime Minister Proposes Retail Electric Supply Price Caps
U.K. Prime Minister Theresa May is including in a Conservative "manifesto" price caps on retail electricity supply rates
Specifically, May is callin...
Read More · Comments
Bill Would Apply Rate Cap To Retail Supplier Pricing
A bill (HP 192) has been introduced into the Maine legislature that would cap residential prices of retail electric providers at the default service r...
Read More · Comments
Rate Caps Now In Play In Exelon Illinois Nuke Bailout Bill
The gift that just keeps on giving.
After first gutting a bill to promote retail natural gas choice, and instead imposing state-mandated capacity p...
Read More · Comments
Alberta To Impose Price Cap on Default Service Rates
The Alberta provincial government is adopting a price cap of 6.8¢/kWh (Canadian $) on the Regulated Rate Option, in a move the government says is bein...
Read More · Comments
|
