Regulation

Ofgem unable to pursue 10 failed suppliers owing £17.8m in RO

A total of 10 energy suppliers owe more than £17.8 million in renewables obligation (RO) payments but will not be pursued by Ofgem because they have either ceased trading or gone into administration. The regulator has also revealed the total amount to be mutualised.

Ofwat consults on the water sector of the future to inform PR24

With the water sector less than a year into enacting PR19 business plans, Ofwat has reached out to stakeholders for input on the framework for the next price review. It asks what the sector should look like by 2040 and how to get there considering climate change, investment, affordability and resilience.

Ofgem loosens leash on network profits

A new challenge for the challengers

After years of mergers, acquisitions and the strong growth of new entrants, Ofgem finally decided to ditch the term ‘big six’ in November, with suppliers now being ordered by size as small, medium and large. The retirement of the big six term – with all its accompanying baggage – has been long debated. But, with Bulb and Octopus now classed in the same category as British Gas, Adam John asks whether the moniker ‘challenger’ has also had its day.

Suppliers’ green tariff claims should be independently audited

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.

Scottish Power takes on Yorkshire Energy customers

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.

RIIO2 final determinations to be revealed

Yorkshire Energy exits market

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.

Robots with hearts: Digital empathy in the utilities sector

Ofgem to extend protections for PPM customers

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.

Utilita hits back at ‘grossly unfair’ Ofgem over potential final order

New licence conditions to take effect in new 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.

The CMA and Ofwat: Another nail in the coffin?

Arguing over price controls is now almost a full-time activity, laments professor and former regulator Stephen Littlechild. Writing for Utility Week, he suggests that the CMA appeals in water may represent an opportunity to overhaul the price control process and move towards a more productive and less confrontational approach.

Emma Howard Boyd: ‘Environmental fines need to hurt’

NIS proposes net-zero duty for regulators