01342 332057
info@utilityweek.co.uk
A drop in wholesale prices due to the coronavirus pandemic has resulted in the price cap being lowered to its lowest level yet, Ofgem has announced. Ofgem has also issued an update on whether it will recommend the cap should be lifted at the end of this year.
5 years ago
September marks a year since Ovo Energy unveiled its Plan Zero pledge to halve its customers’ carbon footprints by 2030. Utility Week catches up with Kate Weinberg, Ovo’s director of sustainability, to discuss how technology and the green recovery is helping meet the target and why Covid-19 should not distract us from the threat of climate change.
Microbusinesses need more support from Ofgem on debt-related issues, a principal policy manager at Citizens Advice has told Utility Week. The energy regulator recently unveiled a series of measures designed to protect millions of microbusiness customers from “unscrupulous” energy brokers, as well as enabling smoother switching.
In our latest round-up of industry appointments, Ofwat chair Jonson Cox takes up a role with the Ovo Energy board and SSEN appoints a former Northumbrian Water director to head up operations in its southern distribution network.
Nottingham City Council has absorbed a loss of more than £24 million from its investment in Robin Hood Energy, mainly by writing off loans to the supplier. The company is currently undergoing a strategic review in which “all options” for the business are being considered.
Edinburgh-based challenger brand People’s Energy is creating 100 new jobs in Selkirk after taking over the recently vacated Ovo Energy offices in the town. Husband and wife founders of People’s Energy, Karin Sode and David Pike, said they spotted an opportunity when Ovo closed its Ettrick Riverside building in May.