Ofgem director Farnish quits over price cap calculation

Beleaguered energy regulator Ofgem faced further pressure this morning, with news that Christine Farnish, a non-executive director sitting on its supervisory board GEMA, has...

Crisis: Scrapping green levies “saves only £13 a month” says REA, as government consults...

Removing the ‘green levies’ element in gas and electric bills will save average home consumers no more than £153 per year, the Renewable Energy...

Price cap torture “set to worsen”: Cornwall ups forecasts for Q1 next year to...

The excruciating pain already showing itself in Britain’s homes from now quarterly rises in Ofgem’s price cap on home energy, is set to increase,...

Quarterly price caps from Ofgem open door to more frequent tariff changes

The retail price cap supposedly limiting bills for an estimated 24 million domestic customers will be revised quarterly, and no longer every six months,...

“Devastating” Cornwall view:  Price cap “to stay above £3,000 until at least 2024”

Two continuing years of unprecedented consumer misery from fuel bills are predicted in latest research from analysts Cornwall Insight. The respected energy economists this morning...

MPs eviscerate Ofgem’s failed oversight of 29 supplier collapses

Britain’s energy market regulator was for years asleep at the wheel as it allowed under-capitalised new suppliers unsustainably to break the Big Six’s dominance...

Twelve suppliers run direct debits on ‘weak or inadequate’ rules, regulator finds

Ofgem has found failings in how major licenced energy suppliers charge customers via their direct debits.  It has ordered five of the worst -...

Upgrade already needed for Johnson’s April boiler upgrade scheme, installers report

Response continues to run cold to the government’s £450 million drive to upgrade boilers to biomass working in Britain’s homes or install heat pumps,...

Energy Security bill: stakeholders offer reaction

Industry observers have reacted to the government’s new energy security bill. As the lame-duck Johnson administration enters its supposedly final weeks, the bill aims to...

DNOs react to Ofgem’s RIIO-ED2 direction

Regional network monopolies are girding their loins for the last leg of negotiations with Britain’s power regulator, before it binds them in December to...

Ofgem’s £21 billion RIIO-ED2 gauntlet squeezes DNOs with ‘tough efficiency challenges”

Britain’s energy regulator is seeking stakeholder views on investments plans totalling £20.9 billion which will shape the nation’s electricity network until 2028. Before making its...

Analyst boss doubts NG’s residential load-shedding drive

A leading analyst has questioned the effectiveness of National Grid’s hopes of extending pre-announced load-shedding into domestic power supply. The backbone operator was yesterday reported...

Regulator clamps down on crashed suppliers’ direct debits & swollen credit balances

Ofgem today introduced tougher financial requirements on home energy suppliers, designed to stave off a repeat of last year’s collapse of 28 firms licenced...

Crisis: Price cap “hits £2,800 in October”, says Brearley, as Sunak mulls stretching windfall...

Domestic retail tariffs capped under Ofgem’s tweaked regime look set to rocket to £2,800 per year only five months from now, the regulator’s boss...

“A disaster, selling consumers down the river”; money-saver Lewis lambasts Price Cap tweak

Ofgem this morning confirmed its much flagged intention to move from half-yearly to three-monthly reviews of domestic energy tariffs, in a revamp of the...

Strategic Innovation Fund: Ofgem calls competitors to starting blocks

Ofgem and Innovate UK have announced preferred topics for the second round of funding under the Strategic Innovation Fund (SIF). Applications will be accepted...

Grand gesture needed: SP boss seeks Johnson action to solve “truly horrific” crisis

Government intervention to cut £1,000 off Britain’s soon-to-rocket home fuel bills is needed, the CEO of Scottish Power urged today. Keith Anderson toured broadcast studios...

Ofgem frees up £27 million to charities fighting fuel poverty

Energy regulator Ofgem is offering £27 million to fuel poverty campaigners & energy co-operatives in a bid to assist vulnerable homes caught in the...

WPD fined £14.9 million for neglecting protection of vulnerable customers

Britain’s biggest regional net operator Western Power Distribution has been fined £14.9 million for neglecting its duties in protecting vulnerable customers on its Priority...

Hurried market reform risks spooked investors and dearer power, Cornwall Insight warns

Too hasty reform of Britain’s £ multi-billion electricity market could deter investors, leading to higher bills, energy analysts Cornwall Insight have advised. Whitehall is committed...