Page 45 - Ofgem News Today

Britains energy regulator Ofgem on Wednesday said it was investigating whether power company Drax was in breach of annual profiling reporting requirements related to the Renewables Obligations... | May 31, 2023

Scottish ministers urged to tax high earners to fund energy efficiency upgrades

Germany’s slide into recession added to pressure on European markets today as the FTSE 100 index endured another session in the red.

Comparison and switching site Uswitch said it saw no reason why suppliers could not offer competitive fixed deals around the £2,000 mark.

Households will be more than £400 a year better off on average from July after the cap on energy bills was slashed following steep falls in wholesale gas and electricity prices.

ENERGY suppliers in the north could begin announcing cuts to gas and electricity tariffs within days.

Energy bills will fall to £2,074 a year for the typical household from July, under a new price cap announced by the regulator Ofgem today.

Despite the fact that energy costs appear to be declining, the amount paid for gas and electricity today is still high compared to a year and a half ago

By Ian Walker U.K. energy regulator Ofgem on Thursday cut the countrys price cap by 37% to 2,074 pounds a year from July 1. The new price cap for a dual-fuel, direct-debit customer... | May 25, 2023

Britain's energy regulator has cut its price cap after a fall in wholesale prices, although it admitted that hard-pressed families were likely to see little benefit.