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The Latest Breaking News from Ofgem

Average annual energy bill to rise to £1,849 in Great Britain from April

Ofgem’s bigger than expected £111 rise is third consecutive increase in energy price cap

The Guardian - UK

Bitcoin slides below $90,000 amid crypto selloff; Tesla sales slide across Europe; UK defence stocks jump – as it happened

Bitcoin has tumbled below $90,000 to hit the lowest since mid-November, as rising volatility hits crypto market

The Guardian - UK

Millions more families would qualify for energy bill discounts in new proposals

The Government is consulting on offering more support to UK consumers in a bid to deal with an ‘unpredictable international energy market’.

Evening Standard

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Households expect to learn that energy bills will rise again

Bills are forecast to rise because of an increase in the cost of gas across Europe, as Ofgem reveals the new energy price cap on Tuesday.

Evening Standard

Scotland's renewable electricity among top in Europe – so why are energy bills high?

SCOTLAND'S renewable energy production share is one of the highest in Europe, but Scots have some of the most expensive power bills. Why?

The National (Scotland)

Centrica hoping to strike Sizewell C investment deal, ‘if the returns are right’

Centrica boss Chris O’Shea said the group was in discussions over pumping cash into the new nuclear plant in Suffolk.

Evening Standard

British Gas pledges to focus on customers after being overtaken by Octopus

CEO of owner Centrica says service will be ‘my obsession’ as profits slump by a third to £2.3bn

The Guardian - UK

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Centrica sees earnings in British Gas supply arm more than halve in 2024

Centrica said underlying earnings in its British Gas energy supply division tumbled to £297 million last year from £751 million in 2023.

Evening Standard

Energy network owners have made £3.9bn ‘excess profit’ from higher bills, says report

Citizens Advice believes Ofgem made flawed interest rate calculation for companies in Great Britain

The Guardian - UK

Energy companies rake in £4bn windfall as British families suffer sky-high bills, new analysis suggests

Families will see their energy bills rise again in April as network companies make billions in profits, report finds

The Independent UK

Ofgem reveals ‘low or no standing charge’ energy tariff plan to help cut bills

Standing charges are applied daily, regardless of how much energy the customer uses, and many campaigners say they affect vulnerable customers more.

Evening Standard

How to complain effectively about UK energy bill problems

From working out exactly what you’re really using, to getting together all the right evidence

The Guardian - UK

Customers 'being gaslit' over energy price increases

CAMPAGINERS have claimed that the latest energy price forecasts show customers are being "gaslit" by the energy industry

The National (Scotland)

Ofgem energy price cap to rise to highest level since January 2024, final forecasts claim

Energy price cap forecast to rise for a third consecutive term in a blow to consumers

The Independent UK

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The National (Scotland)

Labour cannot be allowed to ‘pass the buck' on energy bills, SNP warn

THE UK Labour Government can’t be allowed to "pass the buck on their broken energy bill promises," the SNP have warned.

Evening Standard

Energy price cap set to rise in April, according to forecast

Energy consultancy Cornwall Insight said it expects the typical household energy bill will rise by 5%, or £85.

The National (Scotland)

Energy bills in Scotland expected to rise over the next three months

BILLS in England, Scotland and Wales are expected to increase by about £9 a month over the next three months, according to reports.

The Guardian - UK

Energy bills in Great Britain forecast to rise by 5% from April

Households face greater than expected rise in Ofgem price cap after Europe’s gas storage levels slump, analysts say

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news in one place.

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The Independent UK

Ofgem issued ‘urgent’ warning by Ed Miliband as energy bills set to rise again

Energy bills are set to rise for a third time in April

The Guardian - UK

Miliband urges energy watchdog to act as typical bill could rise by more than £100 a year

Exclusive: Whitehall source expects bills in England, Scotland and Wales to rise by about £9 a month over the next three months

Evening Standard

Ofgem vows to end years-long wait for new wind farms to connect to power grid

Overhauling the ‘broken’ grid queue will treble the amount of new power reaching the system per year, officials say.

The National (Scotland)

Construction begins on £2.5bn electricity 'superhighway' between Scotland and England

CONSTRUCTION has started on a £2.5 billion subsea electricity superhighway between Scotland and England ...

The Independent UK

Can your EV really power your home? Here’s how your car battery does more than you think

EXPERT OPINION: Once you’ve bought an electric car and you’re enjoying driving around in a zero emissions vehicle, your thoughts turn to where the electricity that powers your new car comes from. Steve Fowler explores how renewable energy works and what you and your EV can do to make the…

The Guardian - UK

‘A mess’: energy suppliers face scramble to install smart meters in UK homes

The government is facing criticism over the rollout of the scheme, as spiralling costs and faulty meters slow progress

Ideal Home

Lost all your freezer contents from power cuts during the storm? Financial experts reveal you could claim up to £1,000 from your home insurance

Losing a whole food shop due to storm damage is frustrating - but this is how to rectify it

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