Ofgem

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Energy watchdog Ofgem is proposing new reforms for existing suppliers to drive up customer service standards, reduce the risk of supplier failure and strengthen the safety net. Increased competition in the retail market has benefitted consumers with cheaper deals, put pressure on incumbent suppliers

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Ofgem has appointed Jonathan Brearley, its current executive director for system networks, as its new chief executive. Mr Brearley will take up his new role at the energy watchdog at the end of February next year.

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Knowes Housing Association was delighted to be selected for a visit to its office in Faiflley by Ofgem’s chief executive officer, executive director and four members of the Ofgem board. The group travelled up from their London HQ to see first-hand the excellent work Knowes has carried out in t

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Consumers will automatically receive compensation from today if they suffer energy switching errors or if suppliers are late in refunding credit when they leave. Ofgem said the new requirements, which will see customers awarded at least £30 compensation, have been introduced to give customers

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Companies will have to pass new tougher tests before entering the energy market under new proposals announced by Ofgem. The energy watchdog said to apply for a licence to supply energy from June, applicants will need to demonstrate they can adequately fund their operations for their first year, outl

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Millions of households across Britain are set to see an increase in the cost of energy after Ofgem increased price caps for default tariffs and pre-payment meter customers. The industry regulator revealed today that the price cap for customers on default (including standard variable) tariffs, introd

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Housing association-backed energy provider Our Power has ceased trading. Directors at the not-for-profit company said the decision was taken “with heartfelt regret” and blamed a “very difficult” and “highly volatile” energy market.

61-75 of 95 Articles