If they had been able to pass on the wholesale prices to consumers - you would have been paying 10p/kWh in Q4 2021 more than 3 months before the invasion of the

If they had been able to pass on the wholesale prices to consumers - you would have been paying 10p/kWh in Q4 2021 more than 3 months before the invasion of the Ukraine. Businesses have been paying wholesale prices, as the cap does not apply to them. The "cap" is a terrible system, which has only resulted in a very short lag to prices hitting the consumer - The energy price cap changes every six months, though this will change to every three months from October as requested by the energy companies, opposed by all consumers but the consumer lost on that one. In Q3 2021 you were paying about 3p/kWh on a wholesale price of 300, now you are paying 10p/kWh on a wholesale price of 400 - and your daily standing charge has increased just because they can get away with it.