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Cave has already joined the regulator as a non-executive director until he takes over as chair from David Gray who is retiring following his five-year term at Ofgem.
7 years ago
Industry regulator Ofgem said the company offered tariffs to 8,815 customers when visiting a bespoke page on price comparison website Utility Discount, which was accessible only via an online advert.
British Gas has launched an unlimited dual fuel energy trial tariff which offers customers a
Ovo, which has been developing "intelligent energy platform" VCharge, says the expansion onto the European mainland comes at a “crucial point” as it makes the transition into an international digitally integrated energy technology company.
The mid-tier supplier said it is increasing its variable plan rates and removing the online discount associated with it, following a rise of 15 per cent in wholesale costs since June.
Energy Systems Catapult has called for energy tariff pricing to be reformed. The body suggests an overexposure to network and policy costs is deterring the uptake of heat pumps and electric vehicles.
Sam Dumitriu, the institute’s head of research, said price differences between “rip off” SVTs and cheaper fixed tariffs are not evidence of low levels of competition as has been suggested.
The funding has been given to implement and test the next stage of the Quickturn project, a DSR initiative that will use flexible energy-consuming assets to help National Grid balance the fluctuating demands of the UK energy system.
SSE and Innogy have appointed Martin Read as chairman designate for the new supplier they have agreed to form by merging SSE’s retail arm and Npower.
When Ofgem’s long-anticipated default retail tariff was eventually announced, the news was helped by the
MPs returned to Westminster last week for a new parliamentary year. But while Brexit may
Small-scale energy provider Gen4U, which appeared to be in financial difficulty last month, has ceased
A home management site which was trialed by EDF Energy and developed to meet customer
SSE has warned warm weather and persistently high gas prices in the financial year so far negatively impacted its adjusted operating profit by £190 million and has also warned the looming price cap will hit profits next year.
Npower has apologised after personal details of around 5,000 customers were accidentally shared with the
A group led by Octopus Energy has launched a trial which involves turning electric vehicles
The idea of a cap on energy prices is one that has been bandied about
Industry regulator Ofgem has launched a statutory consultation on changes to the supply licence conditions that underpin the supplier of last resort arrangements.
Green energy supplier Bulb has confirmed it will raise prices for the third time this year, after previously hinting the rising cost of wholesale gas and electricity would force it do so.
Ofgem’s proposal to set the energy price cap at £1,136 per year for a typical dual fuel customer has been described as “concerning” for the whole industry.