Household energy bills set to soar by £288 a year from July as Iran war sends wholesale costs rocketing - with Brits warned of an even bigger hit in the autumn ⊖
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Ofgem
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14 days ago
Latest forecasts by experts at Cornwall Insight predicted that Ofgem's energy price cap from July to September will be £1,929 for a typical dual fuel household.
Use our calculator to reveal how you'll be hit in 'Awful April' as council tax, water, internet and mobile bills rise ⊖
While Ofgem's latest price cap will reduce energy bills by £117 on average, this saving will be more than cancelled out by increases elsewhere.
25 days ago
Britain risks becoming a 'tourist state' if Government fails to tackle business energy costs, startup boss warns ○
While households are largely protected by either Ofgem's price cap or fixed tariffs, the business market is far less competitive and transparent.
33 days ago
Elon Musk’s Tesla given go-ahead to supply electricity in Great Britain ⊕⊕
Ofgem licence means firm can replicate Texas setup of powering homes, businesses and EVs
Elon Musk’s Tesla has won approval to supply electricity to households and businesses across Great Britain, as …
45 days ago
Four energy suppliers will offer low standing charge tariffs from April: Should you wait to fix your bill? ⊕
Ofgem has confirmed a 12-month trial of low and no standing charge tariffs. If you're keen to save money on your energy, should you fix now - or wait?
47 days ago
So much for energy bills falling by £300! Labour's Net Zero drive is under fire as power costs drop... but we're still £73 worse off ⊖
Ofgem announced the typical annual household bill will drop by £117 from April, less than the £150 reduction pledged by the Chancellor in her Budget .
48 days ago
Energy bills to fall by £117 from April as Ofgem reduces price cap by 7% ⊕
Ofgem will reduce the energy price cap by £117 to £1,641 a year for a typical dual fuel household from April 1.
82 days ago
Ovo Energy customers get compensation after it paid Warm Home Discount a year and a half late ○
The delay meant some of Ovo's most vulnerable customers were 'left without the support they were entitled to during the coldest winter months', Ofgem said.
4 months ago
Brits face being pummelled with higher bills for years as Ofgem lays out plans for 'Net Zero' power grid ⊕
Ofgem has increased the allowed investment spend from the initial £24billion that was provisionally given the go ahead in the summer.
Energy grid investment of £28bn to push up household bills ⊕
Ofgem says the investment will help lower reliance on imported gas and make wholesale energy cheaper.