Ofgem's breakdown of costs in the energy price cap

Wholesale costs

Network costs

Policy costs

Operating costs

Supplier profit

VAT

Other

1,000

1,500

£2,000

0

500

2022 summer

£1,971

2021-22 winter

£1,277

2021 summer

£1,138

2020-21 winter

£1,042

2020 summer

£1,126

2019-20 winter

£1,143

2019 summer

£1,217

2018-19 winter

£1,104

Wholesale costs

Network costs

Policy costs

Operating costs

Supplier profit

VAT

Other

£1,971

£2,000

1,500

£1,277

£1,217

£1,143

£1,138

£1,104

£1,126

£1,042

1,000

500

0

2018-19

winter

2019

summer

2019-20

winter

2020

summer

2020-21

winter

2021

summer

2021-22

winter

2022

summer