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....Bunnings beware: capturing the Anglo-Australian benefits probably won’t be straightforward if Kingfisher is still struggling with pan-European ones. Dermot Nolan, chief executive of Ofgem, is stating the obvious again. ... [Read full article on Guardian ]
Thursday 17th of August 2017 06:45:27 PM
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....The cost of billing errors may be even higher than the £102m claimed, as more than a quarter of consumers admitted to not reading their energy bills properly. A spokesman for energy regulator Ofgem said: “We have taken action to address billing failures, with suppliers paying out over £40m as a result of our investigations in the last two years. ... [Read full article on Guardian ]
Saturday 19th of August 2017 06:00:06 AM
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Latest Finance News related to Ofgem

Call for tougher checks on energy firms to prevent them from collapsing image
Source : Daily Express [Read Article] Sunday 20th of August 2017 07:50:00 AM
....They also want more detailed checks to be carried out on energy executives to make sure that they have sufficient expertise. Under the current regime, Ofgem carries out background checks on companies and their directors prior to issuing them with licences. ...
Energy customers overpaying to the tune of £102m image
Source : Guardian [Read Article] Saturday 19th of August 2017 06:00:06 AM
....The cost of billing errors may be even higher than the £102m claimed, as more than a quarter of consumers admitted to not reading their energy bills properly. A spokesman for energy regulator Ofgem said: “We have taken action to address billing failures, with suppliers paying out over £40m as a result of our investigations in the last two years. ...
Bunnings beware: the Homebase revolution is failing to shape up image
Source : Guardian [Read Article] Thursday 17th of August 2017 06:45:27 PM
....Bunnings beware: capturing the Anglo-Australian benefits probably won’t be straightforward if Kingfisher is still struggling with pan-European ones. Dermot Nolan, chief executive of Ofgem, is stating the obvious again. ...
Trial to phase in hydrogen as fuel to begin in north-west image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
....An investment decision in the early 2020s would mean construction starting in the middle of the next decade. As a regulated monopoly, Cadent’s costs would ultimately be borne by energy bill payers, though the regulator Ofgem would have to approve the anticipated £600m capital cost. ...
Price cap still possible, government warns energy companies image
Source : Guardian [Read Article] Tuesday 1st of August 2017 07:19:42 PM
....The increase would add £76 to a typical annual electricity bill, and some experts warned that it could kick start a new round of price rises from the so-called Big Six energy companies. A senior government source said Ofgem had to act fast to safeguard poorer consumers and had the powers to do so – and repeated warnings that the government would be forced to legislate if the regulator’s proposals were inadequate. ...
Angry at British Gas price hike? Save your fury for the government image
Source : Guardian [Read Article] Tuesday 1st of August 2017 07:12:54 PM
....That ambition has been killed by opposition on Tory benches to price caps. Thus the whole issue has been booted off to the regulator Ofgem, which will probably only back a limited “safeguard tariff” for customers on warm home discounts. ...
Household batteries will be key to UK's new energy strategy image
Source : Guardian [Read Article] Monday 24th of July 2017 01:16:43 PM
....But the variable nature of wind and solar power generation means that local energy networks and the National Grid need more flexibility to cope with those fluctuations. Batteries, and the ability for energy firms to automatically reduce electricity demand from willing businesses and households, are at the heart of a plan published by government and Ofgem. ...
Price gap between best and worst energy tariffs widens to £109 on average image
....4bn over the odds because of the gap. While plans for a cap have been hugely watered-down, the new figures could provide fuel for Greg Clark, business secretary, and Ofgem, the energy regulator, to take stronger action. ...
SSE loses 230,000 customers in 'highly competitive' UK market image
Source : Guardian [Read Article] Thursday 20th of July 2017 05:28:01 PM
....But the plans have since been hugely watered down and it looks likely that 14 million fewer people will have their energy bills capped than May promised. The energy regulator, Ofgem, held a summit on Monday with consumer groups to discuss what form a “safeguard tariff” would take. ...
British Gas to pay customers £1.1m over missed appointments image
Source : Guardian [Read Article] Thursday 20th of July 2017 07:26:32 AM
....1m to compensate customers after its agents missed appointments, breaching industry standards. The energy firm will make the payments to domestic and micro-business customers after its third-party agents missed appointments or turned up late, and did not compensate them as required by the regulator Ofgem. ...
Big Six energy companies switch: Leave pricey legacy tariffs behind image
Source : Daily Express [Read Article] Wednesday 12th of July 2017 10:31:00 AM
....Collectively they have wasted more than £3. 7 billion on unnecessarily high charges, according to analysis of new Ofgem data from independent supplier First Utility. ...
Energy networks' £7.5bn windfall 'should be returned to consumers' image
Source : Guardian [Read Article] Tuesday 11th of July 2017 11:01:08 PM
.... That compares with the 4% margin that big six suppliers, such as British Gas, make selling power and gas to householders. The consumer group said Ofgem, which regulates the networks and sets limits on how much profit they can make, had allowed the firms to overinflate their projected costs of building pipes and wires. ...
Get rich quick? Not with Utility Warehouse image
Source : Guardian [Read Article] Saturday 8th of July 2017 06:00:00 AM
....However, it has also been suggested that many people who sign up for the company’s gas and electricity are paying more than they need to. Just a few months ago, Ofgem revealed that 94% of Utility Warehouse’s energy customers were sitting on standard variable tariffs, which the energy watchdog says are “usually more expensive than other deals”. ...
British Gas investigated over switching fees image
Source : BBC [Read Article] Thursday 6th of July 2017 09:11:18 AM
. British Gas is to be investigated by energy regulator Ofgem for potentially overcharging customers who wanted to switch to other providers. ...
Secretary of state for hot air denies the energy price cap fits him | John Crace image
.... As far as the business secretary was concerned, everything was absolutely tickety-boo. The energy regulator, Ofgem, had recommended it would be a good idea if 3 million people were no longer ripped off. ...
Hinkley Point C: the government should start planning alternatives | Nils Pratley image
....This is how political U-turns are performed in the energy sector – not with a visible yank on the steering wheel but with some vague words from the secretary of state designed to disguise the manoeuvre in hand. As Ofgem announced a limited price cap that will apply only to yet-to-be-defined “vulnerable” customers, the business and energy secretary, Greg Clark, attempted to suggest the government could yet go further. ...
New energy price cap considered image
Source : BBC [Read Article] Monday 3rd of July 2017 01:04:50 PM
. A price cap on energy bills could be extended to many more households on low incomes, under plans being considered by regulator Ofgem. ...
Millions betrayed by Tories’ energy price cap U-turn, says Labour image
....Instead, the business secretary, Greg Clark, wrote to the energy regulator asking it to safeguard “customers on the poorest value tariffs”. In response, Ofgem said on Monday that it would hold a summit in July to consider what form of “safeguard tariff” would be best, with one option being to extend an existing cap for the 4m households on prepayment meters to a further 2. ...
Energy regulator Ofgem considers new measures to clamp down on overcharging customers image
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Co-op energy chief predicts more small suppliers could go bust image
Source : Guardian [Read Article] Sunday 2nd of July 2017 11:25:25 AM
....More small energy firms could go bust this winter because of increasing price volatility driven by green energy growth and the closure of Britain’s largest gas storage plant, one of the challenger suppliers has warned. David Bird, chief executive of Co-operative Energy, said that the regulator Ofgem needed to set financial stress tests for new market entrants, to reduce the risk of firms folding and customers being left in the lurch. ...
Smart meter rollout could force household bills to rise, says supplier image
....A ramp-up of the smart meter rollout is planned next year, to close the gap between the 7m fitted so far and the 53m needed within four years. Smart meters were not included in the calculations made by the regulator Ofgem when it warned in January that the rising costs facing suppliers did not justify price hikes. ...
Tory pledge to cap energy bills missing from Queen's speech image
Source : Guardian [Read Article] Wednesday 21st of June 2017 03:57:48 PM
....However, the government does appear to be entertaining the idea of setting targets for shifting customers off standard variable tariffs, the default energy deals that two-thirds of households are on. In a letter to the energy regulator sent on Wednesday, Clark asked Ofgem to consider “the future of standard variable tariffs”, and to safeguard “customers on the poorest value tariffs”. ...
Closure of UK’s largest gas storage site ‘could mean volatile prices’ image
....The UK energy regulator has drastically cut £370m of payments for small power producers, in a blow to diesel generators and smaller gas plants. The decision by Ofgem sparked strong criticism, with claims the move would fail to achieve its aim of saving consumers about £20 a year on their energy bills. ...
Energy price cap likely to go ahead despite warnings of 'timebomb' image
Source : Guardian [Read Article] Monday 19th of June 2017 03:36:14 PM
....“Competition will be diminished and cheaper deals would be taken off the market as tariffs moved closer to the cap,” said Richard Neudegg, the site’s head of regulation. He echoed previous warnings by the big six suppliers that because energy regulator Ofgem would eventually have to increase the cap in order to reflect rising wholesale prices, blame would shift from energy firms to ministers. ...
Theresa May is warned: don't break election vow on energy price cap image
Source : Guardian [Read Article] Wednesday 14th of June 2017 05:33:11 PM
....If the government did opt for a relative cap it would mark a distinct change of direction – the Conservative party said during the election campaign that the cap would be an absolute one. Greg Clark, who has retained his position as business secretary, also said on the day of the general election: “We will get Ofgem to set an absolute cap. ...
Scottish Power in the dark about my mother’s electricity supply image
Source : Guardian [Read Article] Wednesday 31st of May 2017 06:00:16 AM
....Meanwhile, the faulty meter has been replaced and a monthly direct debit for future consumption agreed. Given that Scottish Power was last year fined £18m by the regulator Ofgem for its chaotic billing and customer service, your mother’s experience begs the question how many people have been frightened into paying huge sums that they didn’t owe? If you need help email Anna Tims at your. ...
France's Engie aims to restore trust in energy firms with tracker tariff image
....The company, formerly known as GDF Suez, arrives in the UK this week alongside two small new energy companies, taking the total of domestic suppliers to a record 52. The number is set to keep rising: regulator Ofgem said it expected to grant licences for a further six suppliers in June and July. ...
Thousands face energy bill hikes of more than £400 this month image
Source : Guardian [Read Article] Wednesday 10th of May 2017 09:01:16 AM
....Moorey said that from what he had seen so far of the Tory policy, it seemed prices could go still go up. “If six months on [energy regulator] Ofgem looks at it, and there are shifts in wholesale prices and changes to government policy that are increasing costs, then the regulator could review it and change prices over time. ...
Energy regulator under scrutiny as both Tories and Labour vow to act image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:23:35 AM
....Whichever party wins on 8 June, Dermot Nolan will become one of the most powerful regulators in Britain. As head of the energy regulator Ofgem, the 51-year-old will control the price that millions of people pay for their electricity and gas after the general election. ...
Tory claims over energy price cap are just hot air | Nils Pratley image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:46:24 PM
....Under a microscope, it’s true one can tell the two apart. The Tory version could see prices increase sometimes under regulator Ofgem’s six-monthly reviews; and, as far as we can tell, it will be imposed indefinitely. ...
Tory MPs plot to water down Theresa May's energy price cap pledge image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:00:53 PM
....The group also cautioned that millions of consumers who had engaged in the market could see their bills rise “significantly”, as suppliers hiked up prices on their better-value fixed deals. Damian Green, the work and pensions minister, recently said that energy regulator Ofgem would cap standard variable tariffs “in relation to what the market price is”. ...
The Conservatives' energy price cap is not a strong and stable long-term policy image
.... The Competitions and Markets Authority decided against a standard variable tariff price cap last year, preferring a series of “remedies” to encourage greater switching. Some of those, such as a pilot led by the regulator Ofgem on how best to communicate with customers, is under way. ...
Tory energy pledge: May says she still believes in free market despite vow image
....Theresa May has said she still believes in free markets despite pledging to cap energy prices, after it was pointed out her party had dismissed a similar plan put forward by Ed Miliband as “Marxist”. The Conservatives are proposing a price cap on standard variable tariffs, to be set by the energy regulator, Ofgem. ...
Dulux owner Akzo Nobel has shown its colours by rebuffing takeover bids | Nils Pratley image
....Alternatively, a blunt cap on variable rates would involve ministers taking direct responsibility for energy bills. They would use regulator Ofgem as a buffer, but few will be convinced when bills increase, as they would sometimes when the wholesale market shifts. ...
What's our cut? Energy firm lets customers see profit margins image
Source : Guardian [Read Article] Monday 8th of May 2017 07:52:55 AM
....ON, Npower, Scottish Power and SSE – have been criticised for being slow to pass on falling wholesale costs, while being swift to impose rising prices on customers. Npower blamed wholesale prices when it announced the biggest increase in the recent round of price hikes, but the industry regulator, Ofgem, has said the rises have been hard to justify. ...
4G mobile: UK urban areas with best and worst coverage revealed image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 06:33:27 AM
....The regulator pointed out that while full geographic coverage for a 4G signal from all four of the main operators was some way off, it had improved markedly from 8% in 2015 to 40% in 2016. In addition, the availability of a 4G mobile signal was much higher when it was measured by the proportion of households and premises it reached, not just landmass, Ofgem said. ...
Green heating system accused of causing 'fuel poverty' image
Source : BBC [Read Article] Sunday 30th of April 2017 12:47:23 AM
....on says it believes it offers Mr Montlake value for money. Unlike traditional energy customers, people like Mr Montlake on district heating cannot go to Ofgem to complain about bills, because district heating is currently largely unregulated. ...
Millions could reclaim CASH on energy bills after an unexpected mild winter image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 12:01:00 AM
....Many suppliers automatically refund credit balances once a year, but policies vary and you may not get all you are due. Regulator Ofgem says customers are entitled to claim credit on request, after providing meter readings. ...
Tories pinched Labour's energy price cap – but now we need detail | Nils Pratley image
....”. If there’s a real difference, it’s that a Tory cap – probably set by regulator Ofgem – would allow bills to go up if suppliers’ wholesale costs increase. ...
Energy price cap image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:31 AM
....The Conservative manifesto is to include a pledge that energy bills for millions of consumers will be capped, saving each household around £100. We do not yet know the full details, but we do know that it would be imposed by the energy regulator Ofgem. ...
General Election 2017: Energy bill cap 'will hit consumers' image
Source : BBC [Read Article] Monday 24th of April 2017 07:29:03 AM
....com said that previous interventions in the energy sector had led to lower switching rates and higher prices. If the Conservatives win the election, how might energy regulator Ofgem go about introducing a cap?. ...
Energy bills: what's the difference between Tory cap and Miliband freeze? image
.... Miliband’s eye-catching pledge came a few months before wholesale energy prices began a two-year slide, rendering the idea irrelevant. The regulator, Ofgem, acknowledges that costs to suppliers are creeping back up, but said the increases did not warrant the level of hikes that the big six – British Gas excepted – have pushed through on millions of customers in recent months. ...
Tory price promise image
Source : BBC [Read Article] Sunday 23rd of April 2017 01:59:35 PM
....But the Tories say that their policy is different from one proposed by Labour under its former leader, Ed Miliband. "We would have [market watchdog] Ofgem setting the limit, so it would be a cap, so it would be more flexible, it would be able to reflect market conditions - so the market would still have an influence," the Work and Pensions Secretary, Damian Green, told ITV's Peston on Sunday. ...
Tories accused of stealing Labour's energy price cap promise image
Source : Guardian [Read Article] Sunday 23rd of April 2017 11:26:37 AM
....Capping utility bills was a key policy in Labour’s 2015 general election manifesto, but was rubbished by David Cameron as evidence that Ed Miliband wanted to live in a “Marxist universe”. But the work and pensions secretary, Damian Green, confirmed on Sunday that the Conservatives would allow the market regulator, Ofgem, to impose a price ceiling for customers on standard variable tariffs. ...
General election 2017: Tories to pledge energy bill cap image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:10:39 AM
....Mr Green said his party's promise on energy was not the same as Labour's 2015 election pledge to freeze gas and electricity bills for every home and business in the UK for 20 months. "We would have [energy regulator] Ofgem setting the limits," he said. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
....Clark will also have to explain the basis on which he will set a standard tariff. One way would be to order Ofgem to construct a pricing model that takes account of reasonable overheads, makes a few assumptions about wholesale purchasing contracts and then allows a small profit margin for the supplier. ...
Energy secretary to 'flex muscles' over rising bills image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:49:17 AM
....They include: . The energy regulator Ofgem said that some of the price rises were hard to justify and Mr Clark has now told the Business Select Committee that the market is "clearly not working" for those on default tariffs. ...
Big six energy firms braced for government price crackdown image
Source : Guardian [Read Article] Monday 17th of April 2017 03:43:01 PM
....The suppliers have blamed a series of factors, from smart meter installation costs and green energy policies to, most frequently, rising wholesale energy costs. But the energy regulator Ofgem said in January that while wholesale costs had gone up, they were not large enough to warrant passing on to consumers. ...
United Airlines shows why it's time to deplane corporate-speak image
Source : Guardian [Read Article] Sunday 16th of April 2017 05:59:23 AM
....Every time electricity companies raise their prices, as EDF has done for the second time in the space of a year, bill payers hear the same vague threats issued by those with the power to act. In March, Theresa May said the energy market was “manifestly not working for all consumers”, while Ofgem just said that EDF’s rise was “difficult to justify”. ...
EDF raises electricity prices for second time this year image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:24:45 AM
....4% on 1 March, although it cut gas prices in January. The rise was immediately criticised by the energy regulator, Ofgem, which said it was hard to justify. ...
Clampdown on catch-up energy bills image
Source : BBC [Read Article] Monday 3rd of April 2017 02:52:36 PM
....In 2007, energy suppliers signed a voluntary commitment promising not to back-bill domestic customers for energy used more than 12 months previously, if the supplier was at fault. The expansion of the market has led to concerns that some are not keeping to this agreement, and regulator Ofgem wants to write it into the rules by the winter. ...
Cash in the pocket image
Source : BBC [Read Article] Friday 31st of March 2017 09:16:50 PM
....From 1 April, four million consumers who use pre-payment meters for their gas and electricity will see their charges capped. The regulator, Ofgem, says they should each save around £80 a year. ...
UK energy firms including big six miss smart meter deadline image
Source : Guardian [Read Article] Sunday 26th of March 2017 05:48:07 PM
.... However, some of the 2 million households already fitted with them experience problems with their accuracy, meaning they can receive demands from their energy provider to make extra payments to cover their actual usage. The energy regulator Ofgem, which has described the plan to cut backdated bills as a “significant improvement for consumers”, said it was considering whether further steps were needed to protect billpayers as a result of the failure to meet the deadline. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
.... But the government has faced increasing pressure to introduce a price cap after five of the big six energy suppliers hiked prices for millions of people in recent months, some by as much as £109 a year for dual fuel customers. The energy regulator Ofgem told MPs last month that it had the power to impose such a cap, but only if directed by ministers. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... Investment bank Jefferies has calculated that capping standard tariffs £50 below their current level would knock British Gas hard, denting profitability per customer from £50 to £35. Energy regulator Ofgem announced an energy price cap last month from 1 April for about 4m households on prepayment meters. ...
SSE to raise electricity prices next month image
Source : BBC [Read Article] Monday 13th of March 2017 09:52:44 AM
.... . Last December, industry regulator Ofgem published figures showing how much money customers could save by moving from a standard variable tariff to their supplier's cheapest fixed tariff. ...
Energy companies ‘ripping off’ millions, ministers say image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
....5%. The latest increases come despite the energy regulator Ofgem recently saying it saw no reason for the big six to raise prices despite upward price pressures, because of the way they hedge when buying power. ...
Most of us don’t change energy suppliers. We need to cap variable tariffs image
.... Why not have some form of price control for the group of people who have been on STVs for, say, more than a year?. At the moment Ofgem, the regulator, cannot cap SVTs. ...
How free market helped big six energy firms to rack up huge profits image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
....Mckay’s problem is shared by about one in 10 households across the country who are classed as in fuel poverty. Ofgem, the energy regulator, is introducing a price cap on pre-payment customers from April, but the majority of people in fuel poverty have standard meters, and everyone will be affected by rising prices. ...
E.ON price rise branded 'monstrous' as users face £97 a year extra image
Source : Guardian [Read Article] Tuesday 7th of March 2017 03:32:17 PM
....The latest increase comes despite the energy regulator recently saying it saw no reason for the big six to raise prices despite upward price pressures, because of the way they hedge when buying power. Ofgem is due to publish an update later this week on an index of costs facing suppliers; in January that index showed wholesale energy prices were rising. ...
Switch hitch: Ofgem to look into improper exit-fee allegations image
Source : Guardian [Read Article] Monday 6th of March 2017 11:14:41 AM
. Ofgem is looking into allegations that energy suppliers have wrongly threatened to impose exit fees on householders switching away from them. ...
Energy bills: customer switching hits six-year high image
Source : BBC [Read Article] Monday 27th of February 2017 12:05:06 AM
....Bill payers switched providers 7. 7 million times, saving potentially more than £200 a year, according to Ofgem. ...
Energy bills: are UK customers finally starting to switch supplier? image
Source : Guardian [Read Article] Monday 27th of February 2017 12:01:44 AM
.... However, the debate on price caps has resurfaced this year after a host of energy providers announced steep tariff hikes. Figures from the industry regulator, Ofgem, showed that the rate of switching rose to a six-year high over the year as 7. ...
Windfarms aren’t the real reason energy bills are rising. Blame the free market image
....The blame for the latest round of price rises announced by energy suppliers, big and small, does not lie primarily with wind turbines and solar panels. Energy regulator Ofgem was clear about that in front of MPs last week and in its analysis last month. ...
Barclays: triple the profits, but still a work in progress | Nils Pratley image
Source : Guardian [Read Article] Friday 24th of February 2017 07:09:13 AM
.... The idea that salvation for RSA implied submission to the big insurers’ fashion for consolidation couldn’t have been more wrong. Are standard tariffs at British Gas a raging rip-off or are they are “actually decent value”, as Iain Conn, boss of parent Centrica, maintains? We’ll await regulator Ofgem’s next views on interplay between fixed and standard tariffs. ...
British Gas worst-value tariffs are not 'evil empire', boss says image
Source : Guardian [Read Article] Thursday 23rd of February 2017 01:28:27 PM
....The results were largely seen as positive by analysts but prompted consumer groups to accuse Centrica of making big profits while consumer bills remained high. Citizens Advice called for an extension of a recent price cap by the regulator Ofgem for 4m households on prepayment meters. ...
British Gas says competition has hit profits image
Source : BBC [Read Article] Thursday 23rd of February 2017 09:02:22 AM
.... . Earlier this month, the energy regulator Ofgem announced a cap on charges for pre-payment customers, and the government is due to publish a Green Paper in April which may further restrict the prices energy companies can charge customers. ...
Gas and electricity prices may have to rise further, warns industry body image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:11:24 PM
....Slade refused to say whether he thought Npower’s recent electricity price increase of 15% was acceptable and said he had no knowledge of individual companies’ future pricing plans. But the head of the energy regulator, Ofgem, dismissed the idea that government policies or smart meters were adding significantly to suppliers’ costs, and said increasing fossil fuel prices were the main pressure. ...
Energy bills to rise up to 28% for thousands in UK as fixed contracts end image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:23:09 PM
....Some customers who were on especially cheap tariffs have been told their bills will rise 28%. One supplier, npower, shocked the industry and even the regulator Ofgem when it announced it was raising electricity prices by 15% while gas bills will rise 4. ...
Scottish Power customers to be hit by 7.8% price hike image
Source : Guardian [Read Article] Friday 10th of February 2017 12:26:20 PM
.... Switching sites said the rise marked a “dark day” and “bitter blow” for billpayers. The increases have come despite warnings from energy regulator Ofgem that there is no reason for price rises this early. ...
Lack of transparency over green energy subsidies 'shambolic', say MPs image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:01:00 AM
.... Such coin- and token-operated meters are mostly used in rental properties and for customers who have fallen behind on their payments. Ofgem estimated the cap would save people on prepayment tariffs up to £80 a year on energy, bringing their dual fuel bill down to around £1,067. ...
npower to raise energy bills by £109 - here’s how you could SAVE more than £200 image
....npower customers have now been urged to beat prices rises by switching to a better deal. Recent data from energy watchdog Ofgem showed around 1. ...
Npower prices hike sparks crackdown threat against energy providers image
Source : Guardian [Read Article] Friday 3rd of February 2017 10:09:47 AM
....The average dual fuel bill in the UK is £1,066. The move comes a fortnight after the industry regulator, Ofgem, warned the big six against raising prices, saying it was “not obvious” that tariffs should go up despite rising wholesale prices. ...
British Gas told to pay £9.5m in compensation for late and incorrect bills image
....Poor service also left some customers paying over the odds with other suppliers because of delays in switching to the business arm of the UK’s biggest energy company. Energy regulator Ofgem said some British Gas users did not receive a bill for up to 18 months and were then hit with large catch-up statements following the launch of a new billing system in 2014. ...
Big six energy suppliers warned not to raise prices any time soon image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:08:21 PM
. The regulator Ofgem has warned the big six energy companies against raising prices in spring, despite a 15% increase in their costs. ...

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