Everyday life
Which organisation sets the energy price cap for gas and electricity in Great Britain?
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A Ofcom
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✓ Ofgem Your answer
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C Ofsted
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D Ofwat
Correct!
Ofgem is the energy regulator and sets the price cap on the unit rates and standing charges of standard tariffs. It updates the cap every three months. Ofwat regulates water, and Ofcom regulates communications.
Source: Ofgem.gov.uk: Energy price cap