Ofgem to investigate claims of wind farms overcharging billpayers millions February 2, 2024 Energy regulator Ofgem is investigating the claims that wind farms may have incorrectly added close to £51m to taxpayer bills since 2018.
Energy bills to rise further to help suppliers pay off bad debts December 15, 2023 Ofgem said it is proposing a one-off price cap adjustment of £16, equivalent to around £1.33 a month, to be paid between April 2024 and March 2025.
Businesses should expect ‘fair prices’, Ofgem respond to FSB’s concerns ahead of winter December 8, 2023 The FSB called on energy suppliers last month, signalling that changes must be made as small businesses battle high utility bills.
Ofgem’s energy price cap to increase by five per cent as rising costs drive up winter bills November 23, 2023 Ther chancellor's main proposal was £960m for a “green industries growth accelerator”, but falling short of the US's green deal.
Millions of Brits worried as energy bills set to rise by more than £100 from the new year November 16, 2023 As Ofgem launches a price cap review, a forecast has warned of new year energy price hikes.
Energy suppliers to cough up £10.8m after missing smart meter targets November 9, 2023 Some of the UK's biggest energy suppliers have agreed to cough up £10.8m in redress payments, after missing smart meter targets.
Ofgem must hold firm on financial rules for suppliers after energy crisis, MP warns November 1, 2023 Ofgem needs to hold firm on financial requirements for suppliers, warned the deputy chair of a leading panel of Westminster MPs.
How Ofgem can restore trust in the energy market October 23, 2023 Ofgem is still scrambling to revamp the energy market - City A.M. has made some suggestions to ensure it is competitive and robust.
Ofgem launches crackdown on energy firm customer service standards October 18, 2023 Energy firms must prioritise vulnerable customers and contact those who miss payments in a crackdown on customer service standards by regulator Ofgem.
Brits to face higher bills as Ofgem grapples with rising debts October 12, 2023 Households will be on the hook for Ofgem's plans to stabilise the energy sector to reduce the risk of suppliers going bust.