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The Latest Breaking News from Ofgem

Energy bills set to drop from January as UK braces for winter cold front

The £22-a-year saving will bring the average household bill down to £1,733

The Independent UK

SSE is a winner in the great grid upgrade. Who is looking out for consumers and small businesses?

Nobody doubts chunky spending is necessary to improve the grid. But how much of that money will be funded through consumer bills?

The Guardian - UK

Tomato Energy collapses in move impacting nearly 24,000 customers

Regulator Ofgem said customers’ energy supply and funds paid into accounts will be secured under the supplier of last resort safety net.

Evening Standard

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Energy supplier collapses leaving nearly 24,000 customers affected

Regulator Ofgem has stepped in to protect supply for Tomato Energy’s 15,300 household and 8,400 business customers

The Independent UK

Two million energy customers are due £240m from old accounts, says Ofgem

Regulator is urging anyone who has moved in recent years to check whether they are owed a refund

The Guardian - UK

Households urged to claim forgotten energy credit funds

IN FULL

The Independent UK

Two million households to receive £240m from old energy accounts, Ofcom reveals

Ofgem and Energy UK have a message for anyone who has moved house in the last five years

The Independent UK

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Consumers urged to reclaim energy credit as £240m sat in old accounts

Ofgem and industry group Energy UK is urging people who may be due money to get in touch with their old supplier.

The Independent UK

MPs criticise Ofgem’s ‘completely inadquate’ response to energy debt crisis

The regulator was criticised for choosing to reclaim debt through higher household bills, rather than tapping into network firms’ windfall profits.

The Independent UK

Thousands of households’ energy bill debt to be written off

Ofgem has announced plans to ‘reset and reform’ the UK's growing pile of energy debt

The Independent UK

Energy debt to be written off for thousands as others face £5 rise to bills

Up to £500 million of energy bill debt is to be paid off through bill increases from 2027.

Evening Standard

Ofgem intends to ‘reset’ the nation’s escalating energy debt with new relief scheme

IN FULL

The Independent UK

£500million set to be written off UK’s household energy debt bill

Ofgem intends to ‘reset’ the nation’s escalating energy debt with the move

The Independent UK

Around £500 million of UK energy bill debt to be written off, says regulator

Currently, £52 is added to annual household energy bills under the current price cap via a debt allowance to cover energy debts that are never paid.

Evening Standard

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The Independent UK

Boost for UK households as £500 million energy bill debt to be written off

Ofgem said it expects to write off the historic debt built up during the recent energy crisis, which could help around 195,000 people

Evening Standard

One-off £150 energy bills discount - who is eligible and how does it work?

Households eligible for the Warm Home Discount scheme will be informed by letters, with the first sent out this week

Evening Standard

Ofgem should use firms’ windfall profits to fund energy debt relief, say MPs

Electricity and gas prices soared from late 2021, driven by the reopening of economies after Covid and Russia’s invasion of Ukraine.

The Guardian - UK

UK energy firms call for overhaul of regulator Ofgem

Energy UK claims Ofgem has overseen ‘dramatic rise in red tape’ that has pushed up bills and slowed economic growth

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news in one place.

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The Independent UK

Martin Lewis recommends winter energy bill heating trick costing less than £10

Many in the UK are facing high energy costs as the country heads into the colder winter months

Evening Standard

Household energy debt hits eight-year high before winter

The current average household debt figure of £223 is 29% higher than last year’s £173, Uswitch found.

The Independent UK

Thousands of homes at risk of mould and damp after government eco insulation scheme failures

Almost all homes meant to benefit from a government-backed scheme are instead facing serious issues

The Guardian - UK

Almost all external insulation fitted under Tory scheme needs repair or replacing, report finds

Homeowners who took advantage of government programmes left with cladding likely to cause damp

Evening Standard

Thousands of homes need insulation fix after failures in flagship scheme – NAO

The spending watchdog warned that ‘clear failures’ in the ECO scheme led to poor-quality installations, health and safety risks and suspected fraud.

The Guardian - UK

Water bills: millions of households in England could face even bigger rises

CMA poised to give verdict after appeal by five firms for permission to increase bills higher than allowed by Ofwat

Evening Standard

Ovo flags ‘uncertainty’ over future after failing to meet Ofgem rules

The energy firm insists it is ‘working closely with Ofgem to deliver a capitalisation plan’ to meet the new financial resilience regulations.

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