The Latest Breaking News from Ofgem

Cornwall Insight believes that a combination of high gas prices and soaring demand for electricity will keep power costs above pre-2022 levels

Following the change to the Ofgem price cap, energy customers are being urged to submit a reading as soon as possible.

The Government’s Energy Price Guarantee, which has kept the average payment at £2,500 since October, has ended

British Gas customers should submit a meter reading as soon as possible, following a change in the Ofgem price cap, otherwise the UK energy provider will estimate their usage

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

Food prices increasing at their fastest rate in almost 45 years, ONS has warned

Ofgem's energy price cap has recently been reintroduced - prompting a number of suppliers to bring back cheaper fixed-rate reals which went missing after the global energy crisis.

UK energy regulator Ofgem wants to make its voluntary code of practice on prepayment meters compulsory. It introduced the code in April 2022 to protect people from being forced onto prepayment meters for gas and electricity.

The reintroduction of Ofgem's price cap has prompted some suppliers to bring back cheaper fixed deals -most of them for existing customers - which disappeared following the energy crisis

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

Food prices increasing at their fastest rate in almost 45 years, ONS has warned