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The Latest Breaking News from Ofgem

Ofgem boss admits it made serious mistakes that will add £200million to household bills

Ofgem chief Jonathan Brearley also said that fewer customers will hunt for better deals in the future and said that as things stand, bills could rise for the third time in October

Daily Mirror

Huge smart meter shake-up confirmed - allowing prices to change 48 times a day

Suppliers will be able to use smart meter data to change consumer energy prices as much as 48 times per day, allowing them to charge more at peak times, under an overhaul of the system

Daily Mirror

What is the energy price cap and what does it mean for you?

Rising global gas prices inspiring dramatic increase in household bills in 2022

The Independent UK

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Who is eligible for help with energy bills and council tax and how to claim

Electricity and gas bills to soar by almost £700 from April, says Ofgem

The Independent UK

Half-hourly smart meter updates ‘to become default under Ofgem plans’

Overhaul is ‘a significant milestone on Britain’s path to net zero’, Ofgem says

The Independent UK

Flat owners to see energy bills rise 700% because of Ofgem small print

Ofgem’s energy price cap will rise by 54% in April, but an estimated 800,000 homeowners and tenants are not covered by it because they are on communal networks that heat large buildings

Daily Mirror

Ofgem admits it should have acted sooner to protect UK households

Regulator says it missed chances to make energy market more resilient, after wave of collapsed providers

The Guardian - UK

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Ofgem ‘should have acted differently’ to ensure companies did not collapse

Energy prices are set to spike by hundreds of pounds for millions of households around the world.

The Independent UK

Ofgem boss admits he should have acted sooner to prevent supplier collapses that cost households £2.5bn

Ed Miliband says ministers’ failure to act means ‘working people are paying higher bills’

The Independent UK

Thousands of flat owners hit with bill rises of up to 700 per cent for uncapped heat and electricity

800,000 leaseholders and tenants stung by huge rises in costs of communal heat and power

The Independent UK

Perthshire politicians call for vulnerable residents to get support as gas prices soar

Gas prices have risen to an all-time high with energy bills set to rise by around £700 a year

Daily Record

Ofgem admits failings over energy regulation, and warns Ukraine conflict would push bills higher – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Who pays for lost credit balances at failed energy companies? We all do

A sizable chunk of consumers’ credit has gone missing but just how much is not yet clear

The Guardian - UK

Energy price cap: your questions about the rise answered

The energy watchdog Ofgem is raising the price cap that suppliers are allowed to charge customers

The Guardian - UK

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The Independent UK

‘Lives will be lost this year’ due to hike in bills, Scottish minister warns

The response comes after Ofgem announced energy bills will jump by 54%.

Daily Mirror

Queen's eye-watering energy bills may soar by more than £2million after price cap hike

Experts predict the 54 per cent rise announced by Ofgem last week could add more than £2million to the cost of heating and lighting the royal estate

Daily Mirror

'New cut-price tariff should be launched to help the worst off pay energy bills'

Campaigners calls for social tariff for home energy bills as crisis deepens and households face paying hundreds of pounds more to keep their families warm

The Conversation

Energy poverty is linked to physical and mental health – our research proves it

Britain’s energy regulator Ofgem is set to increase its cap on energy prices by 54% this April 2022. This is in response to the skyrocketing price of gas, aggravated by demand picking up as countries relaxed lockdown measures, low-wind speeds, and bottlenecks in supply chains.

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Daily Mirror

Spiralling energy bills could rise AGAIN before next winter, Ofgem confirms

Experts predict bills could leap by another £300, to £2,300, next October given current energy costs. However, it is feared households could be hit by further price rises between April and October

Edinburgh Live

How DWP help with energy bills in Scotland with Warm Home Discount and more

The average household bill is set to rise by an extra £693 per year as the price cap from Ofgem has been confirmed - Here is what the DWP is offering to help pay energy bills in Scotland.

Glasgow Live

All the costs rising in Scotland from energy bills to national insurance and more

A number of factors will contribute to a higher cost of living in Scotland this year, including the energy price cap increase, higher National Insurance rates and more

The Conversation

Energy discounts are a sticking plaster – here's a long-term solution to soaring household bills

The energy crisis is biting hard. Average gas and electricity bills in the UK will rise by 54% on April 1 2022 when the regulator Ofgem lifts its price cap. This is an increase of roughly £700 a year (US$950). According to the charity National Energy Action another two million…

Manchester Evening News

Energy prices could rise again in the summer - this is why

Amid a major increase in energy bill prices in April, fears are growing over another increase before October

The Independent UK

Energy bills for 22 million homes could rise again this summer under new Ofgem powers

Officials said that changes to the price cap on bills, including the ability to change it more often than twice a year, will reduce risks for suppliers

Manchester Evening News

Energy bill price cap will be 'the death of some care homes' in Greater Manchester, care manager warns

The increase is expected to plunge millions into fuel poverty

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