Ofgem

Should Energy Customers Be Worried About Comparison Sites Hiding The Best Deals?

Charles Whitworth | Posted 24.10.2014 | UK
Charles Whitworth

With the aforementioned changes set to take place regarding the Confidence Code and likely reaction to this news from the comparison sites, things may well become more transparent in the near future. Until then, consumers are urged to ensure they are selecting the appropriate options when checking prices and be aware of the best deals being filtered out...

Your Energy Bill May Be So High Due To Too Much Red Tape

The Huffington Post UK | Asa Bennett | Posted 11.08.2014 | UK

Energy prices may have been driven so high due to the amount of regulation piling costs on energy firms and holding back competition, a group of forme...

Energy Bosses Now Risk Jail Time For Rigging Energy Prices

The Huffington Post/PA | Posted 06.08.2014 | UK Politics

Energy bosses will now face up to two years in jail if convicted of manipulating energy prices for their own gain, Lib Dem energy secretary Ed Davey h...

Energy Giants To Pay Millions More For Leaving You In The Dark

The Huffington Post/PA | Posted 24.07.2014 | UK

Regulator Ofgem has ordered energy companies SSE and UK Power Networks (UKPN) to pay an additional £3.3 million after a probe into how they handled l...

Energy Giant SSE Enjoy Even Bigger Profits

The Huffington Post UK/PA | Posted 21.05.2014 | UK

Energy giant SSE enjoyed a 9.6% rise in pre-tax profits to £1.55 billion for the year to 31 March, compared with £1.4 billion a year earlier. Me...

Big Energy Firm Must Pay Record Sum To Vulnerable Customers

The Huffington Post UK/PA | Posted 16.05.2014 | UK

Energy supplier E.ON is to pay a record £12 million to vulnerable customers after an investigation found it broke energy sales rules over a three-yea...

Energy Giants '£2bn Better Off' Due To Coalition Green Deal Cock-Up

The Huffington Post UK | Asa Bennett | Posted 28.04.2014 | UK Politics

Energy giants are set for a £2 billion windfall over the next three years due to ministers over-estimating how deeply they needed to cut green levies...

Why Has British Gas Just Been Fined £5.6 Million?

The Huffington Post/PA | Posted 10.04.2014 | UK Politics

Energy giant British Gas has been ordered to pay £5.6 million in compensation and fines for blocking business from switching suppliers and failing to...

Can the Public Ever Trust the Energy Barons Again?

John Robertson | Posted 27.05.2014 | UK Politics
John Robertson

We have known about excessive profits for years. Year on year we saw companies making billions in profits and then hiking their prices again just months later... I have not always agreed with my Party that Ofgem should be abolished, but my faith in them has hit rock bottom. I have to ask myself why this has not been done sooner.

Ofgem Enquiry To Find Out Whether We're Being Really Screwed Over, Or Just Screwed Over

The Huffington Post UK | Andrea Mann | Posted 27.03.2014 | UK Comedy

British people will have to wait two years to find out whether they're being really screwed over by the main energy companies, or just screwed over by...

'Energy Market Probe Won't Stop Relentless Price Rises'

The Huffington Post UK | Asa Bennett | Posted 27.03.2014 | UK Politics

Energy bills are still set for "relentless" price rises despite the regulator stepping in to propose a full-scale probe into how competitive the Big S...

Enough Is Enough - Energy Prices Can be Cheaper

Sarah Willingham | Posted 17.05.2014 | UK
Sarah Willingham

Millions of people across the country are feeling powerless with stupidly high bills, appalling customer service and complicated tariffs. However, this new campaign puts the ordinary consumer back in the driving seat.

Did You Know The Energy Giants Still Have Over £400m Of YOUR Money?

The Huffington Post/PA | Posted 28.02.2014 | UK

Ofgem has called on energy suppliers to return money to former customers after finding that the companies hold more than £400 million in credit from ...

Energy Giants Face Fines If Not Open Enough About Prices

The Huffington Post UK/PA | Posted 26.02.2014 | UK Politics

The UK's Big Six energy suppliers are to be hit with financial penalties if they fail to meet new rules aimed at helping smaller firms break into the ...

Govt Demands Probe Into Energy Giants' Massive Profits

The Huffington Post/PA | Posted 10.02.2014 | UK Politics

Energy Secretary Ed Davey has urged the energy regulator to look into the profits being made by the Big Six energy companies through supplying gas. ...

Electricity Providers Told To Do More To Save You Money

The Huffington Post UK/PA | Posted 22.11.2013 | UK

Five of the six companies that own and operate Britain's local electricity network have been told they must do more to cut costs for consumers. Ene...

The Problems With Privatisation

Patrick Kavanagh | Posted 23.01.2014 | UK Universities & Education
Patrick Kavanagh

There is a case to be made for free-market economics in the consumer sector, as competition is promoted, but we should not be surprised to see monopolies or oligopolies forming in sectors that require substantial infrastructure investment.

Explain Why You're Hiking Bills, PM Tells Big Six

The Huffington Post UK | Asa Bennett | Posted 28.10.2013 | UK

The energy companies should answer to their customers for the latest round of price rises, as new evidence suggests they are greater than the increase...

Which Energy Firm Has Been Fined £8.5m For Misleading Customers?

The Huffington Post UK | Asa Bennett | Posted 22.10.2013 | UK Politics

Energy giant Scottish Power is to pay £8.5 million to customers after an investigation by regulator Ofgem found that the group provided misleading in...

Energy Firms Must Be 'Squeaky Clean', Say MPs

PA/The Huffington Post UK | Posted 29.07.2013 | UK Politics

Consumers are feeling "deep mistrust" towards energy companies due to the lack of transparency about their profits and rises in energy bills, MPs have...

UK Could Face Power Blackouts By 2015, Report Warns

PA/The Huffington Post UK | Posted 28.06.2013 | UK

The UK could face power-blackouts by 2015, unless the industry combats depleting electricity supplies effectively, a regulator has warned. As Ofgem...

'No Hiding Place' For Suppliers

PA | Posted 15.06.2013 | UK

One of the UK's biggest energy suppliers has called for petrol forecourt-style pricing in a bid to help consumers identify the best deals. EDF Ener...

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 22.06.2013 | 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 02.06.2013 | 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.