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The Latest Breaking News from Ofgem

Households to save an average of £190 on energy bills after latest government move

Martin Lewis says the decision is ‘movement in the right direction’ from Labour

The Independent UK

‘Plainly wrong’: London flat dwellers fight shock £200,000 heating bill

Almost 1m UK households are hooked up to heat networks. None had protection from poor service or price hikes … until last month

The Guardian - UK

Drax insiders privately raised concerns over its sustainability claims, court papers show

Company publicly denied allegations that primary forests were being cut down to fuel UK’s biggest power plant

The Guardian - UK

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What central heating grants are available for UK homeowners?

From free boiler replacements to full central heating installations, government-backed grants can significantly cut the cost of upgrading your home. Here’s what you need to know about the schemes available, who qualifies, and how to apply

The Independent UK

Households to receive £40 compensation over smart meter delays from next month

Ofgem said tougher smart meter rules will come into force from February, having originally announced a review last March.

Evening Standard

Even more energy suppliers are short of capital. Ofgem needs to toughen up

With almost one in five firms breaching targets, the watchdog’s new get-tough approach on capital levels seems to be anything but

The Guardian - UK

More than 500,000 customers to receive Ofgem protection this week

New rules will bring heat network customers closer in line with those living on traditional gas and electricity connections

The Independent UK

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Half a million heat network customers to receive Ofgem protection from this week

New rules will bring heat network customers in England, Scotland and Wales more closely in line with those on traditional gas and electricity.

Evening Standard

Ovo Energy fined £2.7m for failing to deliver government bill support on time

Regulator says thousands of UK’s most vulnerable households missed rebate for months amid soaring costs

The Guardian - UK

Energy firm to pay millions in compensation after warm home payment delays

The compensation ruling comes after customers had to wait more 19 months to receive their Warm Home Discount support

The Independent UK

Ovo to pay £2.77m in compensation after warm home discount payment delays

Ofgem said 11,646 Ovo customers received their warm home discount rebate more than 19 months late.

Evening Standard

One in five older people cutting food and hygiene to make ends meet

Age UK’s ‘crisis hiding in plain sight’ campaign is urging older people to check if they are entitled to extra financial support

The Independent UK

Some older people ‘skipping showers or meals to make ends meet financially’

Age UK’s ‘crisis hiding in plain sight’ campaign is urging older people to check if they are entitled to extra financial support.

Evening Standard

Wind is now one of the world’s biggest electricity sources. So why are we switching turbines off?

Wind power has surged across Europe, sparking concern that billions are being wasted due to "insufficient" grid investment.

Euronews

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The Guardian - UK

From energy prices to interest rates: the dates that could affect your finances in 2026

Energy price cap goes up on 1 January and Bank of England will make three interest rate decisions by end of April

Evening Standard

Household energy bills rise as temperatures plummet

The 0.2% increase to Ofgem’s energy price cap amounts to an average overall bill of £1,758 a year, up from the current £1,755.

Evening Standard

Household energy bills to rise as snow and gales forecast

The 0.2% increase to Ofgem’s energy price cap comes as a swathe of cold health alerts are issued for large areas of the UK.

The Independent UK

UK energy bills to fall by £138 in April, experts predict

But households are expecting a rise in bills on New Year’s Day as colder weather hits the country

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Evening Standard

Octopus boss calls for action to make London top choice for possible Kraken IPO

Greg Jackson said the group is considering a potential flotation of its AI powered platform in the next two to three years.

Evening Standard

Warm weather hit sees Octopus slump to annual loss

Britain’s biggest energy supplier reported a £260.1 million pre-tax loss for the year to April 30 against profits of £77.6 million the previous year.

The Guardian - UK

Ofgem approves early investment in three UK electricity ‘superhighways’

Green light intended to limit amount consumers pay for windfarms to turn off during periods of high generation

The Guardian - UK

Home movers in Great Britain could get just £30 of energy use without account

Ofgem proposes cutting debt by giving new residents with no supply deal limited credit before they are cut off

Evening Standard

We must find out why businesses pay too much for their energy – and soon

A previous investigation in 2016 found that a lack of competition in the supply of energy to SMEs meant their bills were 18% too high.

The Independent UK

Reeves’ £150 cut in energy bills will be nuked by Sizewell costs, ex-Labour donor claims

Dale Vince’s claims over the impact of paying for Sizewell C on energy bills is one of a number of hidden costs which could see consumers pay higher bills - instead of £150 less

The Guardian - UK

Households face higher energy bills as £28bn grid upgrade gets go-ahead

Plan to improve gas networks and rewire electricity systems across Great Britain likely to add £30 to average annual bill

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