Luke Randall

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Will Energy Suppliers Offer Cheaper Deals?

Will energy suppliers end up offering cheaper deals? As the UK energy market navigates through a period of significant transition, marked by fluctuating wholesale prices and regulatory adjustments, questions abound regarding the potential for energy suppliers to offer more competitive pricing to consumers. Drawing upon recent insights, this article delves into the evolving landscape of […]

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Current UK Energy Price Trends: Price Cap and Energy Price Guarantee

In an era marked by significant energy market fluctuations, understanding the intricacies of the Energy Price Guarantee (EPG) and the regulatory energy price cap is essential for energy brokers and suppliers in the UK. This article offers a deep dive into the current gas and electricity prices under these mechanisms, equipping professionals with the knowledge

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Energy Price Guarantee: What is it, Links to Energy Price Cap & Forecasts

 What is the energy price guarantee? The Energy Price Guarantee, introduced by then-Prime Minister Liz Truss in October 2022, aimed to mitigate the impact of a proposed 80% increase in the energy price cap. By setting maximum prices for gas and electricity below those under the existing price cap, the EPG sought to alleviate the

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