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Ofgem proposes bill hikes to cover record supplier debt

Ofgem proposes bill hikes to cover record supplier debt

Ofgem is proposing to introduce a temporary increase to the price cap over fears bad debt could force more energy retailers to go bust. The regulator has revealed that energy debt has risen to £2.6 billion – its highest ever level – due to a combination of the rise in wholesale energy prices, and wider cost of living pressures. 

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Ovo completes SSE migration four years after takeover

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Exit fees trapping consumers on expensive fixed price tariffs

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Outfox CEO: Customer ban allowed us to improve services

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Net zero tsar claims Sunak’s speech ‘changes nothing’

2 years ago

Scrap supply licences for EVs and heating, new report urges

2 years ago

Ofgem launches investigation into company of jailed director  

2 years ago

Stay the hydrogen course

2 years ago

Social tariff could cut £300 from fuel poor’s energy bills

2 years ago

Energy boss calls for smart meters to be mandated

2 years ago

Government is abandoning vulnerable energy customers

2 years ago

NHS fuel poverty omission is ‘missed opportunity’

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Octopus CEO: I considered stopping selling gas

2 years ago

Dogs used to intimidate customer during PPM install

2 years ago

Ofgem strengthens PPM protections for customers

2 years ago

EDF wins funding for smart tariff comparison tool

2 years ago

Energy suppliers cannot support vulnerable on their own

2 years ago

Energy crisis forces firms to shelve net zero plans

Almost half of energy-related businesses have delayed or cut investment in their sustainability and net zero plans due to the impact of the energy crisis. According to research published by Schneider Electric, 80% of energy firms in the UK and Ireland expect the energy crisis will impact their ability to meet emission reduction targets, with 49% admitting that net zero investment has already been delayed or cut.

2 years ago

Ofgem to expand PPM ‘do not install’ remit

2 years ago

The energy debt dam will burst

2 years ago

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