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The Latest Breaking News from Ofgem

Eight key money changes in February - Universal Credit, passports, interest rates and more

Here are some of the key dates and changes next month including from the DWP - and how they could affect you

Nottingham Post

Eight money changes coming in February including Universal Credit and passport shake-up

There are plenty of money changes coming up in February that could impact your wallet - from inflation and interest rate announcements to changes to Universal Credit

Daily Mirror

The gas-fired plants tasked with keeping UK lights on – but at what cost?

The plants are meant to be a backstop, but their profits and exemption from windfall tax are controversial in an energy crisis

The Guardian - UK

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Drax energy workers balloted over strike action

Dispute over pay could result in energy supply shocks for Scottish businesses

Insider UK

Over a quarter of Scots households on pre-payment smart meters left without power last year

More than 65,000 of the roughly 200,000 Scots households that use pre-payment smart meters were left without energy after running out of credit during the third quarter of 2022.

Daily Record

Energy company to give workers unlimited compassionate leave on full pay

Ovo is offering employees as much time off as they need for pregnancy loss and failed IVF treatment

Wales Online

Bristol energy company Ovo gives workers unlimited compassionate leave on full pay

The Redcliffe-based business is also offering employees as much time off as they need for pregnancy loss and failed IVF treatment

Bristol Post

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Health conditions which mean you could claim gas and electricity bill support

People in vulnerable groups have been urged to seek support with their gas and electric supplies.

Chronicle Live

Energy price cap predicted to drop below £3,000 as early as April

Jonathan Brearley, the Chief Exec of Ofgem, gave an optimistic prediction that the cost of energy bills could fall in a few months for customers as wholesale costs of gas and electricity drop.

Daily Record

Struggling households unable to pay energy bills could fork out less under new plans

Ofgem calls for the return of social tariffs for low-income households and powers to stop prepay meters being forcibly fitted

Chronicle Live

Special 'social tariff' to cut energy bills long-term for certain people being considered

Jonathan Brearley, chief executive of regulator Ofgem, said a fall in wholesale energy prices over recent months was expected to feed through to millions of households over time

Daily Mirror

Ofgem pledge to protect customers from energy firms' 'inappropriate' pre-payment meter practices

The watchdog's chief has warned they could take legal action against firms which do not take due care

Wales Online

Ofgem vows to protect billpayers from 'inappropriate' pre-payment meter practices

The watchdog's chief executive said there is a right to to be "concerned" about the practice

Manchester Evening News

Ofgem to investigate energy suppliers as more Brits forced on to prepayment meters

Ofgem has warned energy firms that it will take legal action if they are found to not be taking proper due care of vulnerable households

Daily Mirror

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Leeds Live

National Grid energy scheme 2023 to pay people to turn off electric from today

Many households across the UK could today save money, by switching off between 5pm and 6pm

The Guardian - UK

Energy suppliers to be investigated over Britons forced on to prepayment meters

Ofgem could consider legal action if companies found not to be taking proper care of vulnerable households

Nottingham Post

National Grid to pay UK homes to cut their electricity tonight in emergency scheme

The live event offers the chance to cut bills

Manchester Evening News

Hundreds of thousands to be paid not to put electricity on this evening as National Grid deploys emergency scheme

You can save money by reducing power usage outside of peak hours

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news in one place.

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Daily Record

National Grid will pay Scots to sit in the dark today in bid to avoid blackouts

The scheme allows people who have signed up the chance to save money during certain times outside of peak hours if they use less electricity.

Daily Mirror

National Grid will pay you to sit in the dark AGAIN tonight - how to sign up

The scheme has been issued for today between the hours of 4.30pm and 6pm and around 26 energy firms are signed up including British Gas, EDF, Eon and Octopus Energy

Daily Mirror

Millions of homes hit by £116 energy bill hike - despite prices being fixed

Those who have seen their bills increase were customers on Economy 7 electric tariffs which new analysis found rose by 7.6% on average this January

Daily Record

Energy bills on track to drop to £2,200 a year from this summer after spike in April

Cornwall Insight’s latest forecast is lower than the UK Government’s Energy Price Guarantee.

Manchester Evening News

Martin Lewis reacts to latest energy bill forecast as major price drop expected this year

New analysis suggests energy bills could soon drop to £2,200 a year

Wales Online

Energy bills predicted to drop by hundreds of pounds within months

There could be relief coming for people across the UK

Manchester Evening News

Ten things that could cost more this year - from passports and council tax to beer and petrol

The cost of living crisis is being driven by soaring prices on a variety of goods

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