Adam John

‘Nanny Ofgem is missing the bigger picture’

Ofgem’s proposal to make energy suppliers repay surplus credit balances has received mixed reactions. Is the regulator cracking down on unsustainable business models or choosing short-term wins over a permanent fix for a broken market? Adam John asks what this latest crackdown says about the nature of regulation in energy retail.

On the Move: Ex-Tonik boss to head up Ovo Drive

Ovo Energy has launched a new dedicated electric vehicle (EV) division and has appointed the co-founder of former disruptor brand Tonik Energy as its managing director. Utility Week takes a look at this and other appointments from across the sector.

Octopus installs GB’s 7 millionth SMETS2 smart meter

Centrica snaps up Nabuh Energy

British Gas warns of £1.6bn drain from ‘vampire devices’

EDF trials new self-service testing solution for nuclear workforce

EDF has trialed a new self-service app to support the testing of its workforce for Covid-19, ensuring critical work can continue at its nuclear sites during outages. The company says the testing has enabled it to continue with its statutory outage programme without interruption and without any disruption to service.

‘Promising signs’ in February switching figures despite year-on-year decrease

Energy credit balance reforms should ‘herald the end’ of advanced payment

Ofgem proposes £1.4bn credit balance overhaul

Energy retailers could soon be required to automatically refund surplus consumer credit balances as part of a regulatory clampdown on unsustainable business practices. According to research by Ofgem £1.4 billion was held in surplus credit balances in October 2018.

Ofgem considers further Covid adjustments for price cap

Ofgem is again considering whether to adjust the default tariff cap to allow suppliers to recover costs due to the impact of Covid-19.