Ofgem singles out 17 suppliers over slack customer support

Energy regulator Ofgem today named and shamed 17 retailers for shortcomings and slackness in their handling of customers on the brink of ducking energy...

Ofgem lifts price cap to £4,279; but government’s EPG shields customers

Energy regulator Ofgem this morning raised to £4,279 the annual price cap for power and gas retailed to households.  The new cap comes into...

Hunt ponders how to extend support for industries’ power bills beyond March

Chancellor Jeremy Hunt has reportedly asked Treasury officials to explore ways of prolonging into April & beyond the government’s protection of firms from their...

Shapps reverses Truss ban, launches homes insulation drive in third week in December

Energy secretary Grant Shapps did at the weekend what libertarian PM Liz Truss refused to two months ago, launching an £18 million publicity drive...

Green generator ‘lawyers up’, goes gunning for Hunt’s ‘smash & grab’ EGL

Energy ministry D-BEIS and Chancellor Jeremy Hunt face a legal threat this morning from a £2 billion investor and builder of 1.5GWp of wind...

Public opposes Hunt’s “punitive” focus of EGL tax grab on clean generators, poll finds

Pressure increased today on chancellor Jeremy Hunt to scrap his “punitive” five-year Energy Generator Levy windfall tax on green generators’ sales, with resisters releasing...

Business energy bills: Treasury pledges £5.5 billion of support for twelve months beyond March

The government this evening unveiled new levels of public support for businesses’ energy bills beyond March 30, when the first six-month phase of current...

One in four small businesses “will suffer”, says FSB, as Govt cuts energy bill...

Representatives of British business reacted with emotions ranging from despair to resignation today, in response to the government's reduction in protection from rocketing energy...

Money needed now for mass home retrofits, powercos, councils & builders urge Sunak

Power retailers, social landlords and councils are urging Rishi Sunak to begin mass insulation now among Britain’s 28 million homes, instead of waiting three...

Citizens Advice: Millions left in dark, as 1 pre-payment meter is cut off every...

3.2 million clients on pre-payment meters saw their power supply terminated last year, equivalent to one disconnection every ten seconds, new research by Britain’s...

Goodbye D-BEIS, hello Department of Energy Security & Net Zero

Premier Rishi Sunak’s Whitehall re-shuffle today revived a ministry focussed exclusively on energy matters, its concerns split away from wider business policy. Replacing D-BEIS, the...

“Millions could switch supplier” after July, as homeowners chase deals: Cornwall Insight

Analysts believe uncounted droves of British home power accounts stand ready to flit between suppliers this summer, as falling energy wholesale prices coupled with...

January saw “highest level of energy support for vulnerable households”, say government stats

Support for vulnerable home energy users, including customers on prepayment meters (PPM), is reaching the right targets, the government claims. January alone saw 1.7 million...

Households “will shoulder burden” as Government saves £2.5 billion from EPG, says Cornwall

British homes will bear the increased cost of the Government’s upcoming raise in its Energy Price Guarantee, leading analyst firm Cornwall Insight has warned. Last...

Local energy systems need radical system overhaul, says Ofgem

Ofgem is seeking consumers’ & suppliers’ views on next steps needed to embed a more decentralised, decarbonised and dynamic energy system for the UK. It...

Act faster, or miss 2035 power decarb target, CCC urges government

Britain stands little chance, under the government's current pace, of meeting its 2035 goal of stripping all carbon out of the nation’s electricity, say...

Chancellor abolishes price premium for 4m prepayment meters, retains EPG till July

Jeremy Hunt bowed to back-bench pressure today in his Spring Budget, extending until July the government’s Energy Price Guarantee for domestic consumers, at a...

Government energy supports “misses out on big firms’ needs”, nPower finds

Two-thirds of larger businesses believe the Energy Bills Discount Scheme, due to come in next month - won’t go far enough to support them,...

Shell earns £7.6 billion in 2023’s first quarter

Oil & gas supermajor Shell exceeded market hopes, posting record profits of £7.6 billion for the first three months of the year, it told...

Cornwall predicts price cap of £2,053 from July, “no return this decade” to pre-Ukraine...

Energy economics analysts Cornwall Insight expect the household price cap operating from 2023’s third quarter will be the equivalent of £2,053 per year. Ofgem’s...