All news on the topic: Ofgem

The British energy regulator has approved an initial investment of £28 billion to enhance the UK's energy infrastructure, but announced that this decision will increase network charges on household bills by £108

The Ofgem price cap sets the maximum you can be billed for the unit rates of gas and electricity, as well as the standing charges for grid connection

Proposal to vary electricity charges in England, Wales and Scotland based on supply and demand dropped in favour of ‘fair and affordable’ single price

Tens of thousands of energy customers are set to receive payouts of up to £1,000 each, and could see debts written off, in response to the scandal over the forced fitting of prepayment meters.

Households are being encouraged to search for more affordable energy deals even though prices have decreased since July.

Although smart meters are a convenient way to save money on your energy bills, it turns out that millions across Great Britain may not actually be functioning.

Regulator Ofgem announced on Tuesday that its energy price cap would go up by 6% from 1 April, taking the typical gas and electricity bill to £1,849 per year, from £1,738.

The new Ofgem price cap - which covers 28million households - comes into force tomorrow on Monday July 1 and before it comes in millions of households will need to submit a meter reading to their supplier

ENERGY bills will drop in days meaning households across Britain will be hundreds of pounds better off.Millions of households will pay £122 a y

The Ofgem price cap is set to fall from £1,690 a year to £1,568 this coming Monday, July 1, for a dual fuel household with average energy use, who pays by direct debit

Citizens Advice said customer service ratings across the industry were among the lowest ever

MILLIONS of households must make a vital move ahead of a big change to energy prices coming in days.Bills areset to fall by £122 a yearfo

Standing charges for every household with electricity and gas connections would be cut by almost half under the proposals - saving households over £152 a year

The research showed 62% of people felt more capable of living within their means due to the economic slowdown, while over 56% out of the surveyed 2,000 individuals said they were confident about their domestic finances

April's price hikes on bills including council tax and broadband affected consumer confidence, with 87% worried about the impact of rising household costs on their personal finances, a survey for the report found

Analysis by the Energy and Climate Intelligence Unit found that upgrading the average UK home to an Energy Performance Certificate rating of 'C' would have saved the bill payer £200 a year

Ofgem's price cap for those paying direct debit will drop by 7% to an average of £1,568 from July - down from the current £1,690- and represents a saving of £122 across a year

Simply enter the amount you currently pay for both gas and electricity into our calculator below and it will work out a new estimate based on the new Ofgem energy price cap

With energy costs still higher compared to before the pandemic and the Russian invasion of Ukraine, many households will still struggle to keep on top of their bills

The Ofgem price cap sets the unit rate price for gas and electricity, alongside the standing charges, which is a fixed amount you pay to be connected to the grid

But despite what its name suggests, there is not actually a total cap on what you can pay for gas and electricity - and energy bills are also still far higher than what they used to be

In April, the standing charges saw an increase from an average of 29.6p to 31.43p a day for gas, and from 53.35p to 60.1p a day for electricity

More than half of UK households now have a smart meter, but they are being let down by suppliers who are often 'nowhere to be found' when problems arise with them, according to Citizens Advice

Energy analysts at Cornwall Insight now predict this to fall to £1,574 from this July, with an announcement expected from Ofgem this Friday (May 24)

MILLIONS of households will soon breathe a new sigh of relief as energy bills are predicted to fall again in July.The average household energy bill is