Page 35 - Ofgem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ijy them. when asked about the number, by laura kuenssberg this morning, the energy sector said —— secretary said it was unacceptable and she had made it clear to the energy sector she wanted people to get these payments as quickly as possible. these figures are not final and ofgem say another 5000 people have been identified for payments. £200,000 has been set aside for these to be paid. ofgem are saying they are still trying to identify people and energy payments are appropriate. those representing the energy companies say these figures represent a small proportion of cases where they f...

Compensation payouts "as soon as possible". but energy suppliers only believe about 2,500 people require compensation. you may remember there was huge criticism after it emerged some vulnerable customers were having prepayment meters forcibly installed. often asked all energy firms to review their cases to see whether these procedures had been followed correctly and where they had not, they could offer those customers financial redress. ofgem say so far hundred and 50,000 cases have been reviewed and of those 1500 customers have received compensation totalling just over £340,000 between them....

Analysts at Cornwall Insight now predict the Ofgem energy price cap will fall again, to £1,560 from July - before it then rises to £1,631 from October

This month Ofgem has introduced a new fee in its price cap which allows energy companies to recoup energy debts from customers who have fallen behind - and only certain energy customers will pay it

The new Ofgem price cap comes into force today (April 1) and will sit at £1,690 for the typical household - this is down from the January price cap of £1,928