All news on the topic: Ofgem

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British Gas owner Centrica to cut 1,300 jobs as AI and digital shift reshape operations
British Gas owner Centrica has said it will cut 1,300 jobs over the next two years as part of its ongoing turnaround efforts.
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Andy Burnham announces £850m energy bill tax cut in first major move as Prime Minister
Andy Burnham has announced an £850 million tax cut on energy bills to help ease the cost-of-living crisis in his first significant policy as Prime Minister.
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Ed Miliband backs North Sea gas project to reassure markets over chancellor fears
Ed Miliband wants to approve drilling in the North Sea to calm market jitters about his possible appointment as chancellor and prove he is no net zero “zealot”.
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Energy giant tells Andy Burnham clean power push could save families £500 a year
Andy Burnham is being urged to adopt a clean power plan that could cut household energy bills by £500 a year after vowing to give families “breathing space” on the cost of living.
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UK energy debt hits record £4.79bn as bills surge and crisis deepens
Debt to energy suppliers has reached a new record high of £4.79 billion – a 5% increase on the last quarter, Ofgem has said.
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UK household energy bills to rise after Ofgem announces 13% price cap increase
Energy bills will rise for millions after Ofgem announced a new 13 percent price cap, pushing average household costs higher.
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Inflation drops to 2.8% but Britain braces for fresh cost-of-living pain from Iran war shock
Inflation has slowed to 2.8% in April from 3.3% in March, according to official figures from the Office for National Statistics (ONS) - as economists warn of price rises this summer.
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Ofgem Approves £28 Billion Energy network investment, pushing bills up £108
Britain’s energy watchdog has given the green light to an initial £28 billion of investment to upgrade UK energy infrastructure, but revealed the move will push up network charges on household bills by £108.
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Ofgem price cap rise pushes typical annual bill to £1,758
The Ofgem price cap determines the highest amount you can be charged for the unit rates of gas and electricity, along with the standing charges for being connected to the grid.
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Typical energy bill to drop 7% from July, but many households still face hardship
Regulator Ofgem reduces the price cap on gas and electricity charges following a decrease in gas market prices throughout Europe
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Britons promised 7% cut in energy bills starting July
Millions of households will benefit as household energy bills are set to fall by around 7% according to new forecasts.
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Energy bills are set to increase for millions of households this spring as the price cap is raised to £1,849
Energy bills will rise for millions of households this spring.
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Martin Lewis outlines ’urgent’ steps to save hundreds of pounds before the nationwide bill increase
According to Martin Lewis, 80% of households in England, Scotland and Wales currently overpay for energy — and in the coming months, it’s only going to get worse.
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Energy prices rise again with further increases predicted in April
Domestic energy prices have risen with little respite expected for billpayers during the rest of the year.
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Inflation rises to 2.3% in October after jump in energy bills
Inflation increased to 2.3% in October after a jump in energy bills.
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Energy customers struggling with bills warned they could face even higher payments
UK households are battling with rising bills since the Ofgem price cap rose at the start of October. This has sparked increased anxiety over the affordability of energy bills throughout the winter period.
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Ofgem concerned costs of achieving net zero could hit poorest households hardest
The regulator has announced a call for input on how to protect households against future price shocks
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Simple radiator mistake could be costing you £100s - and keeping you cold
With thousands of Brits still struggling to pay their energy bills, despite the falling price cap, it may be worth checking your radiators. A common mistake could mean you're wasting energy, and paying for the privilege
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EDF wind farm to pay £5.5m to vulnerable customers after overcharging grid
The business told Ofgem that it thought it had complied with the rules, but accepted the regulators' findings and will pay £5.5 million to help struggling households
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Genius 40p candle trick could slash your energy bill, insulation expert says
As Ofgem announces the standing charge for electricity and gas will rise from April, thousands of Brits are still struggling to heat their homes without breaking the bank. However, a 40p candle trick could be the answer to cutting down your bill
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Full list of energy providers who can force fit prepayment meters again
Ofgem has slowly allowed more and more energy suppliers to restart the banned practice over the first few weeks of this year as they have met its "strict criteria" to restart involuntary installations
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Martin Lewis warning over 'outrageous' hidden detail in Ofgem's new price cap
Last week, the energy regulator announced that its price cap will drop by 12.3% from this April which means energy bills should fall for millions - however standing charges are set to rise
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Energy bills will include 'additional' charge despite price cap falling
The Ofgem energy price cap is forecast to fall but bills are set to include a "temporary" charge to help tackle record levels of debt with many people behind on payments
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Martin Lewis explains 'no brainer' way to undercut new Ofgem energy price cap
Martin Lewis has given his breakdown on what the new lower Ofgem price cap means for you, including how much less you'll pay and a way to undercut it by roughly 3%
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Ofgem price cap drop and how much are energy bills falling by
The Ofgem price cap limits what you pay for each unit of gas and electricity you use, as well as putting a cap on standing charges, which are fixed daily amount you have to pay for energy