The letter states that it is the Government's intention is "to introduce a temporary cap to protect consumers, while the objective of a more competitive market is achieved".
The government intends Ofgem to be able to set the temporary price cap by the end of 2018 so that it is in place for next winter.
For more information, visit:
https://www.gov.uk/government/uploads/s ... b_2018.pdf
https://www.gov.uk/government/collectio ... f-cap-bill
NEA has published its comments on the new Bill. See:
http://www.nea.org.uk/media/news/nea-co ... y-tariffs/
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