Ofgem cuts price cap from July, saves households average £426 per year
The retail price cap for domestic electricity & gas will be cut to £2,074 per year starting in July, regulator Ofgem confirmed this morning.
The...
Price cap drops to £1,923 from October: Bills still £200 higher than pre-Covid
Ofgem has confirmed its dual fuel retail price cap for average domestic bills will drop below £2,000 in 2023’s final quarter, even though large...
Coutinho debuts as Energy Secretary, while Shapps ascends to Defence
Debutant Cabinet member Claire Coutinho MP was this morning appointed Britain’s new Energy Secretary of State, as Grant Shapps was promoted to replace Ben...
Cornwall:Â 15 more months of price cap pain
The Israel-Hamas conflict, strikes at an LNG conversion plant in Australia & disruptions to the Finnish Balticonnector are among causes set to keep predicted...
Charles booed by eco-protesters, as King’s Speech confirms bill to pump more fossil fuels
King Charles was reportedly booed by environmentalists as he and Camilla, the queen-consort left Parliament this morning after he delivered the King’s Speech.
Confirmed in...
‘More Brits worry this winter about energy bills’, as EdF pours £103 million more...
Research conducted by energy supplier EdF concludes that Brits are even more anxious about paying energy gas bills this winter than last.
Among 2,000 homes...
British Gas profits surge tenfold, Centrica reveals
Shareholders at Centrica, owners of British Gas, will benefit by £144 million in dividends, as the UK-focused subsidiary today revealed profits soaring to £751...
Energy crisis leaves millions still in hardship, study finds
A new way to define and measure which households are most vulnerable to the energy price crisis has been published to help policy makers...
Ofgem consults on replacing price cap
Britain’s energy regulator today opened up its long-promised consultation on the future of the retail price cap for domestic billpayers.
Ofgem defends the price cap...
Ofgem sets out 5 year masterplan to green & decarb UK power
Power markets regulator Ofgem today publishes its latest five-year strategy for Britain’s electricity system. ‘Protect, Build, Change, Deliver’ are its watchwords for speeding delivery...
Scrap blanket subsidies for pensioners to fund more progressive Warm Homes Discount, think tank...
The government should expand the Warm Homes Discount scheme to reach more households, and phase out the poorly-targeted Winter Fuel Payments, to help poorer...
Lifting ban on ‘acquisition-only’ tariffs would herald return to energy’s ‘Wild West’, says Octopus
Britain’s two-year old ban on energy price cuts designed to lure switchers away from their existing suppliers on rates lower than paid by existing...
Ofgem drops retail price cap by 7% until September: not enough, say campaigners
The retail price cap on domestic energy tariffs will fall by 7% to £1,568 per year, calculated on a putative ‘average’ bill per home’s...
Champions! UKPN pledges £1m to volunteer co-ops delivering advice against fuel poverty
Britain’s biggest distribution network franchisee is pledging £1 million to help energy co-operatives & local groups scale up their Net Zero programmes.
Working with Lewes-based...
REA appoints Trevor Hutchings as CEO
Dr Nina Skorupska CBE is stepping down after 10 years as chief executive of the Association of Renewable Energy & Clean Technology (REA). Â Â From...