The Ofgem Energy Industry Voluntary Redress Scheme has awarded more than £3.9 million in grants to 20 charities across England, Scotland and Wales, including Ardenglen, Blairtummock and Hjaltland housing associations, in its 13th round of funding.
Energy suppliers will undergo financial stress testing from January to measure their resilience against a range of scenarios in a raft of new measures announced by Ofgem today to boost financial resilience in the energy sector. Where stress testing reveals weaknesses, Ofgem will agree an improvement
Ofgem has appointed EDF to take on supplying Zog Energy Ltd’s customers after the supplier ceased trading last week. Zog Energy supplied around 11,700 domestic customers.
Entice Energy, which comprises both Entice Energy Supply Limited and Simply Your Energy Limited, and Orbit Energy Limited, are to cease trading. Entice Energy supplies around 5,400 domestic customers and Orbit Energy supplies around 65,000 domestic customers.
Ofgem, the energy regulator, has decided to accept commitments from PayPoint and a donation of £12.5 million to Ofgem’s Energy Industry Voluntary Redress Scheme, following an investigation into whether PayPoint has infringed Chapter II of the Competition Act 1998. PayPoint provides servi
Bulb, the UK’s seventh largest energy provider, has announced that it will be entering special administration.
Utility Warehouse has agreed to pay £1.5 million after the energy provider admitted that it failed to consistently treat customers fairly, which resulted in some customers being disadvantaged and facing increased financial hardship.
Tenants will benefit from cheaper bills, warmer homes and help the environment thanks to 150 new energy-efficient properties being built by Dumfries and Galloway Housing Partnership (DGHP).
The Ofgem Energy Industry Voluntary Redress Scheme opened for its thirteenth round of funding yesterday, making £11.5 million available to charities across England, Scotland and Wales to support initiatives that work towards a just transition and reduce the impact of the climate emergency
Four more energy firms GOTO Energy Limited, Daligas Limited, Pure Planet and Colorado Energy have ceased trading with more than 280,000 customers impacted.
The sharp rise in wholesale gas prices has claimed three more victims after ENSTROGA, Igloo Energy and Symbio Energy announced they are ceasing to trade. ENSTROGA supplies gas and electricity to around 6,000 domestic customers. Igloo Energy supplies gas and electricity to around 179,0
Ofgem has appointed Shell Energy to take on supplying Green Supplier Limited’s (‘Green’) approximately 255,000 domestic customers, and a small number of non-domestic customers. Green Supplier Limited supplied gas and electricity to around 255,000 domestic customers and a small numb
Energy firms Green and Avro Energy have become the latest providers to go bust following a sharp rise in wholesale gas prices. Together representing a share of 2.9% of domestic customers in the market, Avro Energy supplies gas and electricity to around 580,000 domestic customers while Green Sup
Energy regulator Ofgem has appointed British Gas to take on supplying People’s Energy’s approximately 350,000 domestic customers and around 1,000 non-domestic customers after the Scotland-based energy provider ceased trading last week. Outstanding credit balances, including money owed to
Ofgem is issuing Avro Energy with a provisional order, which compels it to provide the regulator with financial and other information relating to the company’s activities. Ofgem requested the financial information on August 19.