Tag Archives: ofgem

There have been cases when energy suppliers go bust and leave the customers on the cross roads. To ensure that they benefit from the uninterrupted energy supply, the Department for Business, Energy & Industrial Strategy (BEIS), Ofgem and the Treasury have signed a Memorandum of Understanding (MoU) which dictates the ground rules of how the […]

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According to the latest survey conducted by an independent firm, it was found that one third of all the working families in the UK fall in a category that cannot afford to pay their energy bills. As they struggle to keep their homes warm, half of them are already planning to reduce their energy usage. […]

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According to Ofgem’s latest data, there are 54 energy suppliers in the UK domestic energy market and this number is growing as there were only 12 energy suppliers back in December 2010. Out of the 52 energy suppliers, 46 are considered to be small energy companies making us question why new suppliers continue to enter […]

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Black-outs and energy security threats are the ruling concern of the UK energy market. Both bring with them the fear of darkness in the UK and for a long time needed a permanent solution. The newly formed government has come up with a new scheme so that energy consumers get an uninterrupted supply of energy […]

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The latest research proves that Energy suppliers collectively owe a gigantic amount of £1billion to their customers. The main reason for this is overpaid energy bills and as a result the suppliers owe nearly £90 to an average home. According to estimates, energy suppliers owe this money to nearly two third of the gas and electricity customers. […]

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As we learnt recently GB Energy Supply collapsed due to the hike in wholesale energy prices. The company promised its customers that they would not be at any loss and energy regulator Ofgem was on the lookout for the perfect replacement. Whilst there was a lot of competition, Ofgem has selected Co-operative Energy as the replacement […]

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