Knowledge is power


Despite falling wholesale prices and confusing commentary around annualised bills under the price cap, our latest projections show that bills will be higher in winter 2023 than they were last year, when viewed at monthly or quarterly intervals.

Matt Turner
Manager
Market Insights
Competitor intelligence for decision support
BFY help clients see through the complexity of the energy industry by delivering relevant and actionable insight.
We provide Monthly and Quarterly Market Insights reports that provide details on market switching activity, wholesale price dynamics and policy insight.
We are also able to provide access to our proprietary Risk Index and P&L Forecasts, giving unparalleled analysis into suppliers’ underlying performance in areas including:
- Operational Performance
- Financial Performance
- Hedging Performance
For suppliers looking to understand their operational cost performance and to take informed, data driven decisions that optimise their short and long term financial success, BFY maintains the UK’s largest energy supplier benchmarking study.
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We're delighted to be trusted energy advisors to existing and potential energy retailers, as well as institutional and private investors. Tom Bromwich Director


In our opinion, customers should not expect to see further volume based savings, and our latest best view is that prices will go up from Q1-24.

Ian Barker
Managing Partner
Market Insights
What is happening to customers bills each quarter?
We at BFY Group have long been a vocal advocate to improve messaging around the real costs to customers under the Energy Price Cap.
Trying to annualise the Price Cap is challenging at best, and confusing at worst, with one of the key challenges being that OFGEM can't provide a 12 month price for a 3 month product.
One way to explain what's happening is to look at the Price (Unit Rate, Standing Charge) and Consumption Volume impacts of the Price Cap changes.
Read the latest snippet from our Market Insights analysis below.
Meet the team
Our Market Insights team

Ian Barker
Managing Partner
Ian shapes the BFY vision and inspires our team to bring it to life, while remaining central to complex client engagements in Strategy, Commercial, and Operations.
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Tom Bromwich
Director
Tom leads client engagements with a particular focus on commercial strategy, pricing, customer acquisition and retention.
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Matt Turner
Manager
Matt helps lead clients through key strategic projects exploring growth opportunities, business models, competitive advantage, and mergers & acquisitions.
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Zander Cleves
Manager
Zander specialises in change management and business transformation, delivering commercial insight to clients through financial modelling.
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John de Bono
Consultant
John performs various analyses to provide BFY and their clients with unique insights, which help to inform decision making and inspire exceptional performance.
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Latest news
Insight on the Energy market

What is happening to customers bills each quarter?
With lots of talk of the Price Cap falling, what is happening to customers bills each quarter?

Dropping Prices - Rising Bills. Energy Price Cap Analysis.
Based on the latest update from Ofgem , the BFY Group team have modelled that prices will remain around £2,000 per year. The forecast £450 reduction in the headline rates won't be felt as a £450 saving customers pockets, this is because OFGEM have to articulate an annual value based on prices for a quarterly window.

Energy Bills Projected To Rise Despite EPG Extension
It's great news that Jeremy Hunt has extended EPG for a further 3 months at £2,500 - however the amounts customers pay is still projected to increase.
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