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Weekend press: Pure Planet co-founders to receive £30m

In this week's roundup of national news, the co-founders of Pure Planet are set to receive £10 million each following its collapse, despite billpayers having to foot the bill; grid capacity could put green growth in limbo in the UK; and Scotland is lagging behind England and Wales for its river monitoring programme.

2 years ago

Ofgem will have to spread PPM premium across the market

The government’s decision to task Ofgem with ending the prepayment meter (PPM) standing charge premium will mean higher bills for other customers, Citizens Advice has warned. As part of this week's Budget announcement, the chancellor of the exchequer announced an end to the current arrangements under which customers on PPMs pay £45 more in standing charges than those on direct debits. But the question of who should ultimately pay for it remains.

2 years ago

So Energy founder: Consumers face a second winter of crisis

2 years ago

Business retailer fined for deliberate overcharging

United Gas & Power (UGP) has been hit with a £2.1 million financial penalty for multiple breaches of its licence conditions. A two-year investigation by Ofgem concluded that UGP deliberately overcharged customers, did not return credit balances owed to former customers and repeatedly failed to properly communicate at time of contract renewal.

2 years ago

Eon boss ‘frustrated’ by lack of funding to reduce energy demand

2 years ago

Ofgem investigating potential breaches of EBRS  

2 years ago

Hunt tasks Ofgem with ending PPM premium

As part of his Budget announcement, chancellor Jeremy Hunt revealed that he has asked Ofgem to draw up regulatory options for permanently ending the standing charge premium paid by prepayment meter customers. Other Budget announcements included the launch of the government’s Great British Nuclear agency and £20bn in funding for CCUS projects.

2 years ago

Treasury confirms EPG freeze

2 years ago

Brearley: Forced PPM ban to extend beyond this month

Ofgem’s moratorium on forced pre-payment meter installations will not end later this month, the regulator's chief executive Jonathan Brearley has revealed. Suppliers will also face fines if they do not improve the way that they identify vulnerable customers.

2 years ago

O’Shea defends Centrica’s forced PPM procedures

2 years ago

Soaring energy costs lead business customers to PPMs

2 years ago

What impact could the REUL Bill have on the energy sector?

The REUL Bill has the potential to significantly impact the energy sector affecting investment and business planning. Osborne Clarke partner Simon Hobday and senior associate Griffin O’Rourke explore the intricacies of the bill and the work needed to do before it is passed.

2 years ago

Best behaviour: getting to grips with behavioural science

2 years ago

Social energy tariff could cost up to £9.4bn each year

2 years ago

Weekend press: Government to end ‘prepayment premium’

The government is to end the “prepayment premium” by picking up the additional costs of the meters from suppliers. Also in Utility Week’s latest round-up of the weekend papers, Ofwat seeks new powers to block excessive dividends to shareholders and Thames Water appoints financial advisors to help tackle its mountain of debt.

2 years ago

Bulb customer platform to be offered to other retailers  

2 years ago

PPM customers asked for ‘frank’ feedback

2 years ago

Central heating use plummets as public seeks alternatives

2 years ago

Using data to protect the most vulnerable

2 years ago

Industry chiefs back direct bill support

2 years ago

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