Ofgem

The Government and Ofgem Must Sort This Mess Out by Forcing Energy Companies to Present Their Prices in a Clear, Simple Way

Richard Lloyd | Posted 23.04.2013 | UK Politics
Richard Lloyd

With escalating energy prices remaining a top financial problem for households we hoped the government and Ofgem would sort this mess out by forcing all energy companies to present their prices in a clear, simple way and to make it much easier to switch.

'A Stain On The Energy Market'

The Huffington Post UK/PA | Posted 03.04.2013 | UK

Customers of energy giant SSE have been urged to seek compensation from the company after Ofgem announced it is to be fined a record £10.5 million fo...

Big Six Bandit Country

Seth Freedman | Posted 03.04.2013 | UK
Seth Freedman

For a company so egregiously engaged in deception on a mammoth scale, SSE have got off almost scot-free in financial terms, and they and their peers know it. Ofgem levied a penalty equivalent to just 0.5% of SSE's annual revenues, demonstrating again quite how toothless and ineffectual the regulator remains.

'Woeful Catalogue Of Failures'

PA/The Huffington Post UK | Posted 03.04.2013 | UK

One of Britain's biggest energy suppliers has apologised "unreservedly" to customers after learning it is to be fined a record £10.5 million for "pro...

The Energy Crisis Is Here to Stay, Which Is Why Solar Power Needs to Start Shining

Steve McKevitt | Posted 07.05.2013 | UK
Steve McKevitt

Energy is the most important issue in the world today and it's getting more important every day. We are living through a period of explosive population growth that will see at least another two billion people added to the global population - currently standing at 7.1 billion - over the next 20 years.

Not Our Market, Not Our Problem

Seth Freedman | Posted 06.05.2013 | UK Politics
Seth Freedman

If you believe the official hype, the FSA's apathetic conduct while the Libor scandal developed was entirely proper, despite being told explicitly by market participants that manipulation was afoot.

Energy Watchdog Warns Price Rises Will Be Necessary To Avoid Power Shortages

The Huffington Post UK/PA | Charlie Thomas | Posted 19.02.2013 | UK

The energy watchdog Ofgem has admitted there is little that can be done to prevent another round of price rises, as closing power stations, inflation ...

Downing Street Calls For Gas Price Fixing Inquiry

PA | Posted 13.11.2012 | UK

Downing Street has called for a speedy inquiry into allegations that Britain's £300 billion wholesale gas market has been "regularly" manipulated by ...

City Watchdog To Probe Gas Market Fixing

Posted 12.11.2012 | UK

The City watchdog has said it was investigating claims that the wholesale gas market has been manipulated by some energy firms. The Financial Servi...

Small is Beautiful for Energy Supply

Michael Edmondstone | Posted 09.07.2012 | UK
Michael Edmondstone

I have recently changed my energy supplier after staying loyal to one of the 'big six' for years. It's not that the supplier needed changing because of a gross lack of quality but, at the same time, I didn't just stay with them because they were particularly great. No, the real reason I changed is because I realised there is an alternative.

Consumers Could Miss Out On £1.9bn In Cheaper Energy Bills In 2020

Stephen Fitzpatrick | Posted 29.06.2012 | UK
Stephen Fitzpatrick

In February The Institute for Public Policy Research (IPPR) think tank released analysis which found that as many as 5million people are being unfairl...

Wind Energy Industry Commits to Charter for UK's Prosperity

Maria McCaffery | Posted 10.06.2012 | UK
Maria McCaffery

This week as the UK basked in the first rays of spring, the economy appeared to be looking towards sunnier times. Forecasts from the British Chambers of Commerce show just enough growth in the last quarter for the UK to avoid falling into a second recession.

Smart Meters - Meters Without the Smart?

Stephen Fitzpatrick | Posted 11.06.2012 | UK Tech
Stephen Fitzpatrick

It's now three years since the previous government announced a national roll-out of smart meters to every UK home by 2020 but the creation and nature of the installation program has suffered repeated delays and changes in direction.

Energy Giant EDF In £4.5m Payout To Needy Households

PA/The Huffington Post UK | Posted 09.03.2012 | UK

An energy company whose sales staff made misleading claims to customers has agreed £4.5m for needy households as part of a settlement with the regula...

Don't Gamble With Our Energy Supply

Maria McCaffery | Posted 16.04.2012 | UK
Maria McCaffery

Ofgem's figures show that the current cost to UK households of developing all forms of renewable energy, including wind, is less than £20 a year. For less than 40p a week, we can develop a thriving UK-based renewable sector, including wave and tidal energy, which will provide secure, cost-effective and clean energy for generations to come.

Energy Giants Have Avoided Paying Out £4m In Compensation

Posted 11.01.2012 | UK

An estimated £4m in compensation from energy giants may be going unclaimed, as a report by Which? shows that 90% of unsolved complaints are not taken...

£15 Million A Year Added To Energy Bills Due To Ghost Meters

The Huffington Post UK | Posted 14.01.2012 | UK

Thousands of UK households are not paying for electricity and gas. According to a report in The Times, around 20,000 properties have “ghost meter...

£100m Fund For Scottish Green Energy Projects

PA | Posted 11.01.2012 | UK Politics

An extra £100 million will be made available to support green energy projects in Scotland after a deal was stuck between Holyrood and Westminster. ...

Npower Fined £2m By Ofgem For Mishandling Customer Complaints

Huffington Post UK | Posted 30.12.2011 | UK

Npower has been fined £2m by energy regulator Ofgem for mishandling customer complaints. It comes months after British Gas was fined £2.5m by the...

Energy Prices: 'Big Six' Under Little Pressure To Reform, CEO Says

Huffington Post UK | Peter Guest | Posted 18.12.2011 | UK

The UK has an opportunity to drastically reform its dysfunctional energy markets and improve the transparency and competitiveness of supplies, accordi...

Energy Price Hikes See Firms' Profits Soar

PA | Posted 13.12.2011 | UK

Recent price hikes have increased the profit margins enjoyed by Britain's big energy firms to £125 per customer a year from £15 in June, it has emer...

Further Energy Price Rises Leads to Calls for Greater Competition in the UK Energy Marketplace

Darren Braham | Posted 10.10.2011 | UK
Darren Braham

The summer holiday season is well underway and thoughts of central heating and the winter should be furthest from most minds. However over the past few days UK consumers ' attention has been turned to energy bills as the fourth of the 'Big Six' largest energy companies in the UK have announced their intention to increase their energy prices.

Meeting the Costs of Household Energy will Become one of the Great Challenges of the 21st Century

Liam Scott-Smith | Posted 26.09.2011 | UK Politics
Liam Scott-Smith

Thus the question for government is what can we do instead? With fuel costs likely to continue rising, meeting the costs of household energy will become one of the great challenges of the 21st century, so fighting it with outmoded 20th century solutions really won't cut it.

British Gas Hit With £2.5m Fine Over Customer Complaints

Huffington Post UK | Dina Rickman | Posted 25.09.2011 | UK

British Gas have been hit with a landmark £2.5m fine over its policy on customer complaints by Ofgem. After a year-long investigation, the energy ...