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The Latest Breaking News from Ofgem

UK Data Centres Could Pay Hundreds of Millions for Power Connections Under Ofgem's Plans

Developers behind new UK data centres could face upfront deposits worth hundreds of millions of pounds under Ofgem's latest proposals to ease pressure on Britain's electricity grid.

International Business Times UK

Datacentre projects face fees for grid access to ease connection queue, Ofgem says

Energy regulator’s plan would mean upfront fees or financial security via letters of credit, bonds or cash deposits

The Guardian - UK

Why has inflation gone down and where will it go from here?

Experts have warned that June could mark a low point before price rises start to speed up again.

Evening Standard

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read the most diverse news in one place.

‘Risking blackouts’? How Great Britain’s grid operator was dragged into a political row

Neso denies allegations aired by Tory MP that staff took part in cover-up over decision-making in heatwave

The Guardian - UK

Inflation set to have cooled in June ahead of household energy squeeze

Most economists think a sharp drop in petrol and diesel prices will have helped pull the CPI inflation rate down to 2.7% in June, from 2.8% in May.

Evening Standard

Households in the UK set for £45 reduction in electricity bills later this year — this is everything we know so far

This is everything we know so far

Ideal Home

What will Andy Burnham’s VAT cut on electricity bills mean for you?

New prime minister is implementing immediate tax cut to help ease cost of living pressures for British households

The Guardian - UK

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What does Burnham’s VAT cut mean for your energy bills?

First major move by new PM aimed at giving families ‘breathing space’

The Independent UK

Martin Lewis delivers warning as Andy Burnham cuts VAT on household electricity bills

The move will cut £45 off a typical home’s annual bill based on Ofgem’s current price cap

The Independent UK

Energy VAT cut ‘does not address scale of what households are facing’

The move will cut £45 off a typical home’s annual bill based on Ofgem’s current price cap, which is currently set at £1,862 a year.

Evening Standard

Andy Burnham set to be buoyed in first week as PM by June inflation slowdown

Inflation rate, which will be announced on Wednesday, could be down to 2.4 per cent in June

The Independent UK

Andy Burnham set to be buoyed by June inflation slowdown

Some economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down to 2.4% in June, from 2.6% in May

Evening Standard

Should you install solar panels before energy prices rise again?

Solar panels can help households cut their reliance on grid electricity, but should you install them before energy prices rise again? We look at timing, savings, batteries and roof suitability

The Independent UK

Government downplays energy grid blackout risk amid extreme heatwave

Whistleblowers claimed that Neso 'failed to meet the grid security standards put in place to prevent blackouts'

The Independent UK

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The Independent UK

How heat pump running costs are affected by the July price cap rise, according to an expert

What the rise means for heat pump running costs, tariffs and whether switching can still save you money

International Business Times UK

UK Energy Bills Rise 13% From Today as Experts Urge a Mid-Year Money Check

UK energy bills rise 13% from 1 July as Ofgem lifts the price cap. Advisers explain how to run a mid-year money check as inflation persists.

Evening Standard

Households urged to send in meter readings as energy price cap jumps 13%

Based on the new rates, taking effect from Wednesday, the average gas and electricity bill will increase by £221 to £1,862 a year.

The Independent UK

Five million households told to submit meter readings to avoid higher energy bills

The average gas and electricity bill will increase by £221 to £1,862 a year under new rates from Wednesday

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The National (Scotland)

Sky-high energy bills in winter show Scotland 'needs control of its own resources'

ENERGY bills will remain sky high throughout winter, prompting calls from the SNP for Scotland to have control of its own resources.

Evening Standard

Household energy prices set to remain high this winter as £221 rise takes effect

The energy price cap is forecast to fall by around 0.5% in October as the US-Iran 60-day ceasefire helps to stabilise wholesale markets.

Evening Standard

Energy price cap to jump 13% from July but remain steady in October

Experts at Cornwall Insight forecast there will not be another steep hike in October as wholesale costs come down.

The Independent UK

Household energy bills to rise by £221 a year from Wednesday

Analysts at Cornwall Insight said they now believe the energy price cap will remain fairly steady in October

The Guardian - UK

Ministers urged to curb energy costs as Great British homes face 13% bill surge

Quarterly Ofgem price cap rises to equivalent of £1,862 a year from 1 July amid growing consumer energy debt

The National (Scotland)

Three hydro-power projects in Highlands given green light by regulator

THREE new Scottish hydro-power projects have moved closer to development after receiving provisional support from the UK’s energy regulator ...

The Guardian - UK

First major hydropower projects in Great Britain in 40 years given go-ahead

Three pumped storage hydroelectric power station sites in Scotland on list of 16 long-duration electricity storage plans

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