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The Latest Breaking News from Ofgem

Starmer says ‘more to do’ on cost of living despite £117 fall in energy bills from April - as it happened

Change in price cap amounts to £10 reduction a month to average annual bill of £1,641

The Guardian - UK

FTSE 100 Live 25 February: HSBC leads index to new record, Diageo slides on dividend cut

A results-day surge for HSBC shares today helped the FTSE 100 index set a new record.

Evening Standard

Energy bills to fall by £117 a year for millions of households from April

For the average household paying by direct debit the overall bill will be £1,641 per year from April.

Evening Standard

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Household energy prices to fall by 7% from April 1

Chancellor Rachel Reeves said in November that £150 would be cut from the average household bill from April.

Evening Standard

Households energy bills to drop from April after Ofgem energy price cap is lowered

The change will see a reduction of around £10 a month for the average household using both electricity and gas

The Independent UK

Energy bills will fall by £117 for millions of households in Great Britain from April

Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costs

The Guardian - UK

Households set for lower energy bills amid price cap shake-up

Latest predictions suggest Ofgem will reduce the energy price cap by £117 to £1,641 a year for a typical dual fuel household from April 1.

The Independent UK

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New datacentres risk doubling Great Britain’s electricity use, regulator says

Ofgem says about 140 proposed projects, driven by AI use, could require more power than current peak demand

The Guardian - UK

MoneySuperMarket boosted by surge in energy switching activity

This reflected more energy providers deciding to join the platform to entice customers on the back of Ofgem’s price cap announcements.

Evening Standard

Ofgem price cap – what is happening to my energy bill?

Changes following a promised £150 average cut to domestic bills mean households should become familiar with how much they pay per unit of energy.

The Independent UK

Price cap: Energy bills set to plummet from April – what it means for you

Rachel Reeves said last November that £150 would be cut from the average household bill from April

The Independent UK

Households set for lower energy bills amid price cap shake-up

Chancellor Rachel Reeves said last November that £150 would be cut from the average household bill from April.

Evening Standard

Energy bills set to fall across the UK – but experts issue future warning

Energy bills could drop by more than £200 for some households from April

The Independent UK

Martin Lewis shares how to save thousands on bills in 2026

Households could save thousands in 2026 with just a few quick checks

The Independent UK

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The Independent UK

Household energy bills predicted to fall by 7% in April

Cornwall Insight forecasts that Ofgem will reduce the energy price cap by £117 to £1,641 a year for a typical dual fuel household from April 1.

The Independent UK

Energy bill standing charges to be cut from April – but not all will see savings

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

The Guardian - 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 Independent UK

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

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Evening Standard

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.

The Guardian - UK

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 Independent 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

Evening Standard

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.

The Guardian - UK

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 Independent 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

Evening Standard

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.

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