Research predicts that without government intervention, the energy price cap could rise to £5,341 from April 2023

Default tariff price cap

W=Winter S=Summer

Projection

£5 thousand

4

3

2

1

0

W

18

-19

S

19

W

19

-20

S

20

W

20

-21

S

21

W

21

-22

S

22

W

22

-23

Q4

22

Q1

23

Q2

23

Q3

23

Q4

23

£5,000

Projection

4,000

3,000

2,000

1,000

0

Winter

2018-19

Summer

2019

W

19-20

S

2020

W

20-21

S

2021

W

21-22

S

2022

W

22-23

Q4

2022

Q1

2023

Q2

2023

Q3

2023

Q4

2023