Energy Suppliers, Suppliers of Energy. Gas / Electric

Yes, market rate from previous 6 months but this is slightly offset from when the cap comes in. April price cap = Feb announcement = Jan decision, so will be based on July21-Jan22 prices if things follow their normal pattern. However given prices seem to be jumping around by £150/day at the moment who knows if it’ll be normal process this year. Govt may step in if it’s not seen as politically expedient to raise prices that much especially with inflation but who knows at this point. Plus the industry levies that can be added to prices to help those suppliers who took on extra customers as we’ve had so many suppliers exit the market. May mean a hefty price bump

For context £150/day is almost double what the going rate was in summer 2021 for a unit of energy… so things have gone crazy!