Energy Regulations and Policies News

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 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: […]

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 […]

Citing financial instability and poor customer service as the main reason, Ofgem is about to make it harder for new energy suppliers to enter the market. Ofgem has outlined the scope for a review on the conditions it sets for new suppliers to operate. The conditions include the level of service customers get from the […]

Following a two year investigation into the billing practices of energy company E.On, regulatory board Ofgem has released the findings and will be fining E.On almost £8m. On top of the fine paid to the Citizens Advice community charity, E.On will have to refund upwards of £400,000 to customers. Citizens Advice is a charity that […]