Press Office

Name: BFY Group
Price range: $

Could we see a Price Cap of £1,650 from April?

Based on the observation window so far, and a modelled view of the remaining window, we could see a Q2-24 Price Cap of ~£1,650 but a +/- £100 uncertainty. This gives a latest range of £1,550 - £1,760. By mid-January, we expect price uncertainty to be +/- £30 as the window closes out.

Energy Policy and Regulation

What is happening to customers bills each quarter?

With lots of talk of the Price Cap falling, what is happening to customers bills each quarter?

Customer Debt

Dropping Prices - Rising Bills. Energy Price Cap Analysis.

Based on the latest update from Ofgem , the BFY Group team have modelled that prices will remain around £2,000 per year. The forecast £450 reduction in the headline rates won't be felt as a £450 saving customers pockets, this is because OFGEM have to articulate an annual value based on prices for a quarterly window.

Customer Debt

Energy Bills Projected To Rise Despite EPG Extension

It's great news that Jeremy Hunt has extended EPG for a further 3 months at £2,500 - however the amounts customers pay is still projected to increase.

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