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Claims by energy suppliers regarding the environmental impact of their green tariffs should be audited, either independently or by Ofgem, Good Energy has recommended. The retailer’s proposals to tackle greenwashing have been backed by Ofgem’s former head of future consumers.
5 years ago
Customers of failed power supplier Yorkshire Energy have been transferred to Scottish Power, Ofgem has confirmed. The regulator also further revealed that it is minded to allow Scottish Power to claim a £10.6 million last resort supply payment after it took on the customers of Extra Energy in 2018. This is £3 million less than the supplier's original claim.
Wholesale electricity prices should be set locally instead of nationally, an influential right-of-centre thinktank has urged. The Policy Exchange has also called for reforms of both the Contracts for Difference and Capacity Market regimes.
Conor Maher-McWilliams, head of flexibility at Ovo’s smart technology arm Kaluza, discusses the company’s direct-to-car smart charging trial with Bosch, why some networks are easier to deal with than others, and how it is using artificial intelligence and machine learning to better understand flexibility in heating.
Yorkshire Energy has become the fourth power supplier to enter the supplier of last resort process this year. The retailer, also known as Daisy Energy, had also entered into level two credit default earlier this week.
Business utility provider Verastar Group has appointed a former TalkTalk and Virgin Media director as its new chief executive. Verastar, which achieved a turnover of £183 million in its last financial year, currently provides water to around 110,000 accounts and electricity and gas to 26,000 accounts.
The financial impact of the pandemic poses difficult questions and challenges to utility providers when
A total of 15 energy retailers representing 70 per cent of the domestic market have voluntarily signed up to Energy UK’s new Vulnerability Commitment. Signatories of the commitment, designed to complement existing licence requirements, agree to adopt a “collaborative, proactive and transparent” approach that will improve both the quality of support provided by them and customer awareness that such support exists.
In our latest review of sector coverage across the national newspapers, five energy companies are lobbying the prime minister to commit to a date for a net-zero power system. The impact of Covid on household bills is discussed as is the true carbon impact of the proliferation of data centres.
Ofgem is to extend protections for prepayment meter (PPM) customers who have had their meter installed under warrant, reflecting the extended smart meter rollout deadline.
National Energy Action is warning of the increased risk posed by cold homes this winter, after new ONS figures show this as the cause of 8,500 deaths last year. The charity has issued the warning on Fuel Poverty Awareness Day, in which it was revealed that there were 28,300 excess winter deaths in total last year.
New licence conditions designed to improve customer service standards and decrease the likelihood of supplier failure will be introduced in the new year, Ofgem has revealed. In a decision document Ofgem outlined a series of measures as part of its ongoing supplier licence review.