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The Latest Breaking News from Ofgem

Ofgem proposes energy price cap review every three months

Families struggling to pay household bills are facing even “tougher” price rises, the head of Britain’s energy regulator Ofgem warned on Monday, as he announced plans to review the energy price cap quarterly.

Evening Standard

Energy bills could rise or fall every three months under Ofgem price cap rule change

Price cap rose by 54% in April and it could rise again in October

Wales Online

Energy bills set to rise and fall much faster as Ofgem plans price-cap shake-up

Household energy costs could be reviewed twice as often under new plans from the energy regulator to check its price cap every three months, rather than the current six

Daily Mirror

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Watchdog urged to step in as UK’s poorest turn off energy supply

Spate of self-disconnections reflects rising costs, punitive debt collection and disproportionately high charges, says charity

The Guardian - UK

Shell tells customers to cut energy use as it raises bills

Shell Energy has told customers to cut down on their energy usage as an alternative to rising prices

Manchester Evening News

EDF warns customers about severe impact of double energy price rise in October

There's now talk of a further energy price increase later this year but EDF say they are "increasingly constrained in our ability to do more"

Manchester Evening News

National Grid to pay energy customers £200m over next two years after trading electricity with Europe

The balance is normally settled every five years.

Daily Record

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New cost of living help could take until AUGUST despite Boris Johnson's claims

Downing Street indicated any new announcement could have to wait until August - when Ofgem is expected to announce another hike in the energy bills price cap on October 1

Daily Mirror

Ofgem boss warns Scottish households of new energy bill rise this year

Speaking in Glasgow, the chief executive of energy regulator Ofgem warned households that they should prepare for another surge in energy bills later this year as a result of the war in Ukraine

Glasgow Live

Ofgem boss warns of ANOTHER energy bill hike amid £3,000-a-year war

The news comes as a report has revealed 1.5 million UK households will struggle to pay food and energy bills amid a deepening cost-of-living crisis

Daily Record

Ofgem boss: Energy costs are ‘matter of life and death’ for some people

Speaking in Glasgow, Jonathan Brearley, the CEO of the industry regulator, said the gas supply crisis was ‘unprecedented’.

The Independent UK

Ofgem boss warns Brits will face another eyewatering energy bill rise from October

Ofgem chief executive officer Jonathan Brearley said that for some people, not being able to properly afford their energy bills is already a matter of life and death

Manchester Evening News

Ofgem chief warns of a further energy price cap rise in October

One think tank has predicted more than 250,000 households will "slide into destitution" next year

Wales Online

Energy boss warns families another hike in bills is on its way

Surging prices have already left many householders struggling with a choice of heat or eat

Wales Online

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The Guardian - UK

National Grid to use subsea cable cash to help struggling energy users

Under agreement with Ofgem, network operator will return electricity funds early

Daily Record

Energy bills set to be capped after 2023 to protect millions of households

Current UK Government legislation is set to run out next year.

Insider UK

Energy links between Scotland and England will be improved - Ofgem

Holyrood’s Net Zero Committee heard criticism of high electricity transmission charges

The National (Scotland)

Improvements to grid to better connect England to Scotland's 'vast' energy resources

IMPROVEMENTS to energy connections between Scotland and England will be made to ensure the “vast” renewable resources north of the Border reach…

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Evening Standard

Queen’s Speech: Cap on energy bills set to be extended past 2023

The Government has also promised new measures to help the industry invest in heat pumps – a cleaner form of keeping homes warm

Daily Record

Martin Lewis concerns over energy bills hike raised by MSPs at Holyrood

Martin Lewis warned the scale of the direct debit increases “smells wrong” – even when accounting for the recent increase of the energy price cap.

Edinburgh Live

Martin Lewis urges energy customers of three companies to submit new meter readings

MSE will be reporting its results to energy market regulator Ofgem, the Department for Business, Energy & Industrial Strategy (BEIS) and the Business Committee of the House of Commons

The Independent UK

Rishi Sunak urged to announce emergency budget as living costs spiral

British Chambers of Commerce salls for VAT cut and reversal of National Insurance hike

Nottingham Post

Martin Lewis advice as direct debit warning sent to customers of three energy firms

The rising costs of energy is a worry for UK residents

The National (Scotland)

Energy giant chief urges Government support for millions struggling with bills

THE boss of Scottish Power has called on the UK Government to support households facing soaring energy bills in a stark warning that millions could…

Daily Record

Martin Lewis urges certain energy customers to submit new meter readings and contact their supplier

New MoneySavingExpert.com research found at least 30% of people with three firms have seen their direct debits double.

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