Energy consumers ‘better off’ under UK quarterly tariff cap regime: Ofgem

The UK’s national energy regulator, Ofgem, has said its proposal to adjust the Default Tariff Cap for household gas and electricity supplies on variable rates to a quarterly regime will leave consumers “better off”. Following the launch of a consultation into the shift from seasonal to quarterly focus, Ofgem commissioned the NERA consultancy to compile a “distributional impact analysis” of…