Topic filter : Ofgem

Most trending topics in Business & Finance ( last 24 hours ):
Technology Flight Dispute Home Buyer Just Eat Sponsorship Sponsor Investigation Airline Passenger Working Conditions Cab Driver Uber Amazon Robotics Profit Military Airbus Millions Of Dollars Small Business Savings Dollar Donald Trump Economic Recovery European Central Bank Euro Eurozone Shopping Marks & Spencer Delivery Service Annual Profit Nintendo Contract Scandal Homeowner Pound Brexit Loss Institute For Fiscal Studies First-time Buyer Broadband

Socially Most Trending News

....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. ... [Read full article on BBC ]
Sunday 23rd of April 2017 11:10:39 AM
Total Trend count
106
Most trending on :
66 31 9
....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?. ... [Read full article on BBC ]
Monday 24th of April 2017 07:29:03 AM
Total Trend count
48
Most trending on :
39 7 2
....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. ... [Read full article on BBC ]
Sunday 23rd of April 2017 01:59:35 PM
Total Trend count
22
Most trending on :
21 1
Monday 24th of April 2017 09:05:46 AM
Total Trend count
22
Most trending on :
22
....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. ... [Read full article on BBC ]
Monday 24th of April 2017 11:52:31 AM
Total Trend count
15
Most trending on :
11 4
.... 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. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 03:08:01 PM
Total Trend count
11
Most trending on :
6 5
....”. 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. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:58:33 PM
Total Trend count
3
Most trending on :
2 1
....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. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 11:26:37 AM
Total Trend count
2
Most trending on :
2
....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. ... [Read full article on Daily Express ]
Wednesday 26th of April 2017 12:01:00 AM
Total Trend count
1
Most trending on :
1

Latest Finance News related to Ofgem

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. ...
Consumers urged to switch energy supplier image
Source : Guardian [Read Article] Monday 16th of January 2017 11:19:07 AM
....The industry body, Energy UK, said the 26% increase on 2015 was “fantastic” and evidence that a new switching guarantee had given people confidence to move and take up better tariffs. But Ofgem said more than 60% of customers were still on standard variable tariffs, which are “significantly more expensive than the cheapest deals”. ...
Fischer Energy joins UK retail market with 100% renewable offer image
Source : Guardian [Read Article] Sunday 15th of January 2017 04:49:38 PM
....ON, ScottishPower and SSE. Ofgem says there are currently 44 active suppliers in the retail market. ...
National Grid to avoid being broken up image
Source : BBC [Read Article] Thursday 12th of January 2017 09:55:39 AM
.... . They warned that despite efforts by National Grid and Ofgem to mitigate the potential for conflicts of interest between its dual roles, the issue appeared "intractable and growing". ...
Millions of British Gas and SSE customers urged to switch NOW image
Source : Daily Express [Read Article] Thursday 15th of December 2016 04:22:00 PM
....7m people could pay £208 less by switching from Npower. It comes after Ofgem publicly revealed the average energy bill paid by a household on a standard variable tariff compared with the larger companies with deals from the 10 cheapest suppliers. ...
British Gas owner Centrica says it will beat targets after cost cuts image
Source : Guardian [Read Article] Thursday 15th of December 2016 09:25:19 AM
....Its shares were the biggest risers on the FTSE 100 index, gaining almost 3% to 225p. An energy league table published by the watchdog Ofgem on Wednesday showed that 74% of British Gas customers (6. ...
Energy customers could save hundreds of pounds by switching from rip-off tarrifs, Ofgem says image
...
Related to :
Ofgem energy league table could save users hundreds of pounds image
Source : Guardian [Read Article] Wednesday 14th of December 2016 11:52:30 AM
. Ofgem has published its first energy company league table, comparing the most expensive standard tariffs with the cheapest deals on the market to provide “greater transparency to consumers”. ...
Energy customers could save £260 without switching, says Ofgem image
Source : BBC [Read Article] Wednesday 14th of December 2016 11:04:45 AM
. Millions of energy customers could save hundreds of pounds a year on their energy bills without even switching supplier, according to the regulator Ofgem. ...
Ofgem partner: energy users may pay across reliability tiers in future image
Source : Guardian [Read Article] Sunday 11th of December 2016 11:40:48 PM
....Britain is facing the prospect of an energy supply crisis which will see customers having to pay for a higher level of reliability, it has been reported. Andrew Wright, a senior partner with energy watchdog Ofgem, is quoted as having warned that communities could be split between those who can afford to keep the lights on and those who cannot. ...
Energy firms held £4bn in overpayments image
Source : BBC [Read Article] Thursday 8th of December 2016 02:58:22 PM
.... Many customers are often in debit during the winter and build up credit in the summer. Ofgem has previously calculated that a typical customer's credit balance peaks at a little over £100 each year. ...
National Grid sells majority stake in gas division in £13.8bn deal image
Source : Guardian [Read Article] Thursday 8th of December 2016 09:48:42 AM
....National Grid will return £4bn to shareholders after the deal and hand out a £150m payment to benefit British energy consumers. It will also work with Ofgem, the industry regulator, to decide how best to use the £150m payout to benefit energy customers. ...
How to snap up the hottest energy deals this winter image
Source : Daily Express [Read Article] Wednesday 7th of December 2016 12:01:00 AM
....The cheapest deal offered by a big six supplier is EDF Energy’s fixed Blue+Price Protection, fixed until December 2017, which charges £933, followed by ScottishPower’s Online Fixed Saver at £952. These are all far cheaper than the average UK household energy bill, which is £1,345, according to the regulator Ofgem. ...
Diesel farms make fresh bids to supply National Grid back-up power image
Source : Guardian [Read Article] Tuesday 6th of December 2016 08:25:42 AM
....There are moves under way in government to change the policies that make diesel farms such an attractive investment. Energy regulator Ofgem has said that payments to small power plants appear too high. ...
Energy customers advised… don’t run up a big credit balance image
Source : Guardian [Read Article] Saturday 3rd of December 2016 07:00:15 AM
....”. But he adds that customers who moved to an unknown firm don’t need to panic as protections have been put in place by energy regulator Ofgem to come to their aid if a supplier goes bust. ...
ENERGY SUPPLIER WARNING: Fears dozens of firms could go BUST amid perfect winter storm  image
...."But it’s clearly unsustainable. "When an energy firm goes bust, supply is not interrupted and credit balances for existing customers are reimbursed by industry watchdog Ofgem. ...
Co-op to supply GB Energy's customers despite £1.8m payout image
Source : Guardian [Read Article] Tuesday 29th of November 2016 06:59:40 PM
....8m compensation to customers – to take over the supply GB Energy’s gas and electricity customers. Ofgem has been working behind the scenes since GB Energy’s collapse at the weekend to appoint a “supplier of last resort” to take over all of the company’s 160,000 customers. ...
Co-op Energy to take on GB Energy customers image
Source : BBC [Read Article] Tuesday 29th of November 2016 06:31:46 PM
....The firm said it would also honour outstanding credit balances for both current and past customers. Energy regulator Ofgem said if customers wished to change energy provider they would be able to do so without any exit charge. ...
'Greater scrutiny' needed over new energy companies image
Source : BBC [Read Article] Monday 28th of November 2016 06:22:34 PM
....A former chief executive of one of the UK's biggest energy suppliers has said that greater scrutiny of new entrants to the market is needed before they get their licence. Paul Massara, who was in charge of Npower from 2013 to 2015, told BBC Radio 5 live Drive that Ofgem needs to do more to protect consumers. ...
GB Energy customers: what happens now? image
Source : Guardian [Read Article] Monday 28th of November 2016 03:30:37 PM
....Nothing yet – your lights and central heating will continue to come on as if nothing had happened. Behind the scenes, the energy regulator Ofgem is currently in negotiations to appoint what is known as a “supplier of last resort”, a company to which all GB Energy’s customers will be moved en-mass, probably sometime next week. ...
GB Energy's collapse to hit 160,000 households with higher bills image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:35:39 PM
....The three year-old gas and power supplier, which pulled in customers with cheaper tariffs, blamed “swift and significant increases in energy prices” for its failure. The company’s demise creates uncertainty for its account holders, but they are not at risk of being cut off as the industry regulator Ofgem is expected to have brokered a move to an alternative supplier. ...
Budget energy supplier folds blaming rising prices image
Source : Guardian [Read Article] Sunday 27th of November 2016 08:48:57 AM
....GB Energy Supply ceased trading this weekend, leaving many faced with the possibility of higher charges unless they ask for the cheapest deal from their new supplier. Ofgem will oversee a new firm being appointed for GB Energy’s former customers that will best protect their interests. ...
GB Energy Supply ceases trading after wholesale price rises image
Source : BBC [Read Article] Saturday 26th of November 2016 07:45:17 PM
.... . Ofgem said it would appoint a new supplier and stressed that outstanding credit balances were protected. ...
Christmas energy price SHOCK: Bills jump by £129 in just TWO months image
Source : Daily Express [Read Article] Thursday 24th of November 2016 03:50:00 PM
....". Figures from energy regulator Ofgem revealed the number of homes switching between suppliers is at a four and a half year high. ...
Energy bills mislead with phantom savings offers image
Source : BBC [Read Article] Friday 18th of November 2016 10:16:21 PM
....Energy customers are being misled by savings offers on gas and electricity bills which never materialise, the BBC Money Box programme has discovered. These phantom savings offers are being made to people on fixed-price energy tariffs and are a consequence of rules imposed by the energy regulator Ofgem. ...
One in three working families struggle to pay energy bills, poll shows image
Source : Guardian [Read Article] Thursday 17th of November 2016 12:01:33 AM
....”. The energy regulator, Ofgem, backed calls for suppliers to alert customers to cost-saving schemes such as the warm home discount (WHD). ...
Greg Clark to meet energy firms over 'profiteering' claims image
Source : Guardian [Read Article] Monday 14th of November 2016 02:11:57 PM
....ON, npower and Scottish Power. That is seven times the 4% figure claimed by the industry and used by Ofgem, the energy regulator. ...
Minister to investigate energy firms after profit claim image
Source : BBC [Read Article] Monday 14th of November 2016 09:13:47 AM
....The allegations were based on a report commissioned by Energy UK from accountancy firm PwC. According to the regulator, Ofgem, UK energy firms make a 4% profit margin on the price of a typical dual fuel bill. ...
Energy supply cuts may send fuel bills soaring image
Source : Guardian [Read Article] Saturday 12th of November 2016 11:30:23 PM
....4% respectively on its fixed and greener tariffs. “Some suppliers have increased the price of their fixed tariffs following the recent rise in wholesale energy prices, which is putting pressure on all suppliers’ costs,” said a spokesman for the energy markets regulator, Ofgem, which suggested many consumers could save about £300 a year by switching. ...
National Grid looks to benefit from Trump infrastructure plan image
Source : Guardian [Read Article] Thursday 10th of November 2016 05:02:29 PM
.... A consortium led by China Investment Corporation is understood to be among the leading bidders. Pettigrew also welcomed a consultation launched by the energy regulator Ofgem to make the UK’s power networks more flexible, including the use of technology such as battery storage and demand response – where firms shift their energy usage to low-demand periods. ...
Smart energy technology 'stymied by current policy' image
Source : Guardian [Read Article] Monday 7th of November 2016 12:01:30 AM
....It called for greater penalties for emissions released by diesel generators, which currently receive payments to be on standby to keep the lights on, as well as separate subsidies. And the thinktank said rules set by the energy regulator, Ofgem, should be changed to encourage local power networks to use battery storage, rather than building new power lines. ...
 WINTER DEBT WARNING: Consumers heading into the cold with £292m energy debt image
Source : Daily Express [Read Article] Wednesday 2nd of November 2016 04:36:00 PM
....And with people using more energy to keep homes warm in the coming months, millions could find themselves falling even further into debt. Recent Ofgem figures indicate that 70 per cent of annual household gas and 54 per cent of household electricity use occurs between October and March. ...
Co-operative Energy pays £1.8m to compensate customers image
Source : BBC [Read Article] Thursday 27th of October 2016 11:39:24 AM
....The company has apologised and said it had improved the service. Regulator Ofgem got involved after complaints levels were running 50% higher for Co-operative Energy than any other supplier. ...
Energy customer left stranded after power company’s shock debit image
Source : Daily Express [Read Article] Wednesday 12th of October 2016 05:00:00 PM
....Knowing the rules will help you stand your ground with energy suppliers. Ofgem, the UK regulator, makes it clear suppliers are bound by licence conditions to provide an explanation in clear, plain and intelligible language of the basis upon which a fixed amount (and any variation of that fixed amount) has been determined. ...
Existing energy customers barred from cheapest deals image
Source : BBC [Read Article] Friday 30th of September 2016 09:57:02 PM
....While the British Gas tariff has now been withdrawn, other suppliers are still restricting their offers to new customers only. Such deals were originally banned by the regulator Ofgem in April 2014. ...
Ofgem investigates 'E' energy supplier image
Source : BBC [Read Article] Friday 30th of September 2016 10:08:56 AM
. The energy supplier E is to be investigated by the regulator Ofgem for potentially misleading its customers. ...
Price comparison sites to be probed by watchdog image
Source : BBC [Read Article] Thursday 29th of September 2016 07:19:23 AM
....In other words, such sites only need to show deals on which they are making a commission. That decision reversed a previous ruling by the energy regulator Ofgem, which said consumers should see all the deals on offer. ...
Complaints handling by energy suppliers has got worse image
Source : Guardian [Read Article] Thursday 22nd of September 2016 12:18:07 PM
. The way energy suppliers dealt with serious customer complaints deteriorated over the past two years, according to Ofgem, which named npower, Scottish Power and First Utility as the worst offenders. ...
E.On pays £3.1m compensation for missed appointments image
Source : BBC [Read Article] Thursday 22nd of September 2016 10:01:17 AM
....2m in compensation to customers. Ofgem's chief executive Dermot Nolan said: "E. ...
ScottishPower to offer bundles of energy to customers image
Source : BBC [Read Article] Friday 16th of September 2016 07:32:04 AM
.... . In a statement, Ofgem said: "We want more competition to increase choice and drive down prices for consumers. ...

Page rendered in 2.1593 seconds.