Energy Prices News

Content in this article 1. The Post-Pandemic Surge in Energy Demand Global Energy Demand Growth Forecast The Uneven Global Recovery and Energy Demand The Role of Pent-Up Consumer Demand 2. Geopolitical Tensions and Supply Disruptions The Ripple Effects of Geopolitical Tensions The Growing Threat of Cyberattacks on Energy Infrastructure 3. The Costs of Transitioning to […]

Content in this article Understanding the Ofgem Price Cap Changes to the Ofgem Price Cap in 2023 How the Ofgem Price Cap Affects Consumers Standard Variable Tariff (SVT) Customers Fixed Tariff Customers Prepayment Meter Customers Standing Charges (also known as meter rental and Daily charge) The Benefits of the Ofgem Price Cap The Future of […]

Content in this article Understanding Energy Consumer Rights The Role of Ofgem in Protecting Energy Consumers Energy Price Changes and Consumer FAQs Are Energy Suppliers allowed to Increase Energy Prices? What Can Consumers Do if Their Supplier Raises Prices? Are Energy Companies Allowed to Increase Direct Debit Payments? What if Consumers Can’t Afford Their Energy […]

Content in this article The Energy Price Cap: A Brief Overview Falling Energy Prices and the Updated Price Cap The Impact on Consumers: Relief for Some, Concerns for Others The Need for Continued Government Support The Limitations of the Price Cap: A Call for Reform The Future of Energy Prices: Uncertainty and Volatility Government Response: […]

Content in this article The Global Picture What is the Energy Price Cap? Why is the Cap Being Raised? What Can You Do? It’s hard to open a newspaper, turn on the news or listen to a phone-in radio station without coming across coverage and discussion of the dramatic rise in the cost of energy […]

Ofgem, the UK’s energy industry regulator, announced on 6th August 2021 that the energy price cap will rise by £139 to £1,277 a year for the typical home on 1st October 2021. The regulator calculates the level of the cap based on energy supplier network costs along with the average overheads of each supplier and […]