Ofgem

First Minister Nicola Sturgeon has pledged to set up a state-owned not-for-profit energy company in Scotland to offer cheaper power to homeowners. The SNP leader told the party's conference yesterday that the company will sell energy to customers at "as close to cost price as possible".

Prime Minister Theresa May has renewed a commitment to introduce a cap on energy prices for customers on standard variable tariffs. During her eventful speech to the Tory Party Conference yesterday, Ms May once again pledged to limit the amount people pay for their energy through legislation althoug

Energy regulator Ofgem has announced the levels of the pre-payment price cap which come into effect this April. One of the remedies resulting from the Competition and Market Authority's (CMA) two year investigation of the energy market, the cap will initially apply to over four million households wh

Ofgem has announced proposals to cap charges imposed by energy suppliers for the installation of pre-payment meters, and end them altogether for the most vulnerable customers. Under current rules, suppliers can charge customers warrant costs when installing a prepayment meter (PPM) which can range f

Ofgem has today outlined a number of measures it will implement to deliver a “more competitive and fairer energy market” for all consumers. The energy regulator said four million pre-pay customers would be protected by an interim price cap from next April and that it would work with suppliers to

Citizens Advice Scotland (CAS) has welcomed OFGEM’s investigation into SSE pre-payment meter processes. The energy regulator said it was responding to concerns about the Perth-based company's approach to switching customers to pre-payment tariffs.

Energy giant Scottish Power has announced plans to cut standard domestic gas prices by an average of 5.4 per cent from mid-March, the third of the big suppliers to do so in the space of two weeks. The company said the reduction, which will take effect from March 15, would benefit more than one milli