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The Latest Breaking News from Ofgem

'Deep concerns' over lack of urgency to replace soon to be switched off meters

SCOTS could be faced with major problems with their home heating systems if it is not switched over, as watchdog and charities express “deep…

The National (Scotland)

Nine million households urged to act now to avoid overpaying on energy bills

One quick and easy check could ensure bills stay low in the new year

The Independent UK

Government launches major review of Ofgem to boost its role as consumer champion

The watchdog’s biggest shake-up since Ofgem was founded in 2000 will be completed by February

Evening Standard

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Labour to reform energy regulator to give more protections after bills crisis

Energy consumers minister Miatta Fahnbulleh said the Government will review Ofgem and has ‘learned from the energy crisis’ of 2022.

Evening Standard

Energy firms to spend £77bn to rewire Great Britain’s electricity grid

National Grid, SSE and ScottishPower submit five-year plans amid shift from fossil fuels to clean electricity

The Guardian - UK

Energy firm sets out £10.6bn plan to boost electricity infrastructure

SP Energy Networks is submitting its five-year business plan to energy regulator Ofgem for the period April 2026 to March 2031.

Evening Standard

Ministers to be given powers to bypass local opposition to onshore wind farms

The Government unveiled a major action plan on Friday to reach 95% clean energy in the UK by the end of the decade.

Evening Standard

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Labour 'betray' voters as energy price cap to rise despite promises to cut bills

LABOUR have been accused of “betraying” voters as it was revealed energy bills are predicted to rise again from next April...

The National (Scotland)

Energy bills predicted to rise further in April ahead of January hike

THE Ofgem energy price cap does not set the maximum a household will pay for their energy but limits the amount providers can charge them per unit...

The National (Scotland)

Energy firms must offer ‘zero standing charge’ tariffs next year under Ofgem plans

Ofgem wants suppliers to have to offer ‘zero standing charge’ tariffs to address ballooning household energy debt

The Independent UK

British energy firms told to offer ‘zero’ standing charge tariff by next winter

Ofgem aims to provide choice as Martin Lewis describes daily fees as a ‘poll tax’ on gas and electricity bills

The Guardian - UK

Energy firms to offer ‘zero standing charge’ tariffs under Ofgem plans

The regulator is also proposing new standards for suppliers to make it easier for customers who are struggling to pay their bills to get support.

Evening Standard

Energy firm promises £22 billion investment in ‘critical grid infrastructure’

SSEN Transmission said an additional £9.4 billion of investment could take total spending over the five years of its plan to £31.7 billion.

The Independent UK

Martin Lewis issues standing charge warning as Christmas nears

Martin Lewis has said he believes that energy regulator Ofgem will reject its consultation to drop standing charges, as they will be unable to do so without government support.

The Independent UK

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The Guardian - UK

Will Labour’s 2030 green energy goal cost more than 2035? They should come clean

Ed Miliband argues the UK should race towards becoming a ‘clean energy superpower’, but costs to the consumer shouldn’t be ignored

Evening Standard

More than 80% of Britons doubt energy bills will return to pre-Ukraine levels as Ofgem announces price cap rise

The survey revealed that 67 per cent of respondents are more aware of and concerned about their energy bills compared to five years ago

The Independent UK

Keir Starmer warned elderly people ‘are going to die’ as fears mount over winter fuel cuts

Keir Starmer was confronted during a round of local radio interviews by a listener named Maxine who said ‘we just can’t keep warm’ and that ‘elderly people are literally going to die’

Ideal Home

New price cap for January 2025 has been announced, and it's another increase

Here's what it means for your energy bills

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The Independent UK

Martin Lewis gives energy bill advice as Ofgem price cap rises again

The energy price cap is set to rise again in 2025

The Independent UK

How can I lower my energy bills and what help is there for me?

Ofgem’s energy price cap is rising again, by 1.2% from January 1.

The Independent UK

Ofgem increases price cap as winter fuel payments are withdrawn for millions

Charities have reacted angrily to the rise while the boss of Octopus has suggested pensioners struggling to heat their homes should consider using electric blankets to keep warm

Evening Standard

Household energy bills to rise again in January as cold weather grips UK

Typical household bill will increase from £1,717 to £1,738-a-year, or around £1.75-a-month, from January 1

The Independent UK

Ofgem confirms household energy bills will rise again in January

The regulator has raised its price cap from January 1 in response to increasing wholesale energy costs faced by suppliers.

The Guardian - UK

Average annual energy bill to rise to £1,738 in Great Britain from January

Increase in energy price cap by Ofgem follows 10% rise for current quarter, heaping more pressure on households

The Guardian - UK

UK private sector is contracting as firms give ‘thumbs down’ to the budget, hitting pound – as it happened

Rolling coverage of the latest economic and financial news

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