Electricity retail

Latest

O’Shea backs Ofgem’s financial resilience plans as ‘very good start’

The boss of Britain’s biggest energy firm has praised Ofgem for its plans to introduce new capital adequacy requirements and ringfencing, but has called for the rules to be tightened further still. Earlier this week the energy regulator confirmed it was going ahead with plans to bolster financial resilience in the energy retail market. Speaking following the announcement of his company’s H1 financial results, in which it posted a record profit, Centrica chief executive Chris O’Shea welcomed the move by Ofgem.

1 year ago

Suppliers can make a profit and offer lower prices

With energy retailers predicted to return to the black, Shakespeare Martineau solicitor and energy specialist Isaac Murdy argues that companies can turn a profit and offer customers better value. Writing for Utility Week, Murdy explains what recent measures introduced by Ofgem mean for suppliers and explains how they can navigate the market.

1 year ago

Electricity retail

Latest

O’Shea backs Ofgem’s financial resilience plans as ‘very good start’

Suppliers can make a profit and offer lower prices

British Gas profits soar 900% thanks to price cap allowance

Minimum capital requirements confirmed for energy retailers

Ofgem calls for more regulatory powers

Industry backs green tariff reform

Switching surge looks increasingly unlikely

Fuse CEO: Now is the time for a better retailer

Energy retail market ‘overly focused on the short term’

Outfox pays out £1.8m over regulatory failings

Ovo investors up stake as firm records £1.3bn loss

Ministers urged to announce winter support measures now

New energy retailer enters market

Fuel poverty is no longer a niche problem in UK

Ofgem to review wholesale energy allowances in price cap

Ex British Gas CEO: Be bold to help vulnerable customers

Ministers urged to give fuel poor £1k this winter

Tesla seeks leader to launch UK retailer

Ovo and EDF urged to waive ‘unfair’ exit fees

Removing price cap creates ‘fear factor’ for consumers