Electricity retail

Deficit scheme still possible before October cap increase

Weekend press round-up: Utilities and regulators ‘not fit for purpose’

In the latest round-up of the national newspapers for the summer bank holiday weekend, former government advisor and Oxford professor Sir Dieter Helm says the UK’s utilities and regulators are “not fit for purpose”. Meanwhile, the boss of oil giant Shell warns Europe could face years of energy rationing if Russia completely cuts off gas supplies and half of Tory voters support the nationalisation of energy according to a YouGov poll.

Ofgem to be sued for failing to shield low-income households

Ofgem reviews price cap profit margin

Industry reacts to ‘simply unaffordable’ price cap hike

Price cap to rise by 80% in October to £3,549

Ombudsman raises concerns over price cap messaging

Think tank calls for broad social tariff to avert ‘catastrophe’

All but one in 20 of the poorest half of households could be protected from this winter’s energy bill increase for just over 50% of the cost of the Labour Party’s proposed price cap freeze, a think tank has calculated. In a new report, published ahead of Ofgem’s price cap announcement on Friday (26 August), the Resolution Foundation warned the proposals for additional help outlined so far by the Conservative party leadership candidates and opposition parties "fall well short" of what is required to tackle what it described as a looming "catastrophe".

British Gas to donate 10% of profits during energy crisis

Shell pays out £537,000 after overcharging PPM customers

UK is ‘out of time’ to act on energy crisis

Anderson: Deficit fund is ‘being seriously considered’ by government

Energy suppliers failing to offer consistent support for PPM customers

Octopus and ESO showcase ‘major turning point’ in grid balancing

Weekend press round-up: Kwarteng to rein in green profits

The continuing energy crisis dominates the headlines in our latest round-up of the weekend’s national news coverage. With experts now predicting a £6,000 price cap, business secretary Kwasi Kwarteng is reported to be preparing to rein in the profits of renewable energy producers and has promised that “help is coming” for those struggling with soaring bills this winter.