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The Latest Breaking News from Ofgem

‘Privatisation premium’: billions from UK energy bills paid to shareholders

Analysis reveals £416 of average bill of £1,719 taken as pre-tax profits by the major energy industries last year, rather than being reinvested

The Guardian - UK

Rise in energy prices leaves 1m UK households behind on bills

Energy debts have more than doubled in last 12 years, finds report, as Ofgem signals it will raise cap on bills

The Guardian - UK

Warning of energy bill ‘cliff-edge’ after costs go up £700 in five years

Millions of people are facing a “cliff-edge” in support for energy bills, several leading charities have warned, as the government is urged to take action to tackle rising costs.

The Independent UK

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Make Drax wait for its next subsidy deal. An FCA investigation is serious

Ministers should find out what the regulator says before signing away a further £1.8bn of public money

The Guardian - UK

Latest Drax inquiry will raise fresh questions about its billions in subsidies

FCA will look at allegation the biomass power station misled investors, and Whitehall, about its wood sourcing

The Guardian - UK

Households expected to pay £35 more on energy bills this winter – what you need to know about the Ofgem price cap increase

Energy bills have gone up again

Ideal Home

UK energy bills set to rise by 2% in October, fuelling inflation fears

Average UK households can expect a rise of around £2.93 (€3.40) a month in their energy bills, according to the UK energy regulator Ofgem, which sets the energy price cap for households and businesses.

Euronews

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Tesla Plans to Supply Energy to Homes in the UK But the Brits are Having None of It – Here's Why

Thousands of people across the UK have already filed objections with Ofgem, the national energy regulator, warning that Elon Musk cannot be trusted with such a critical service.

International Business Times UK

Energy standing charge fiasco highlights failure of utility regulation

Excessive standing charges are “free money” for suppliers

Evening Standard

Household energy bills to rise by 2% despite falling wholesale prices

The energy bill for the average household paying by direct debit for gas and electricity will rise to £1,755 per year from October 1.

Evening Standard

Energy price cap increase ‘further blow’ to struggling Scots, says charity

Energy regulator Ofgem announced on Wednesday the cap will rise 2% on October 1.

The Independent UK

Why are energy bills rising again and what can I do about it?

Ofgem’s price cap is rising to £1,755 from the current £1,720 for an average household per year from October 1.

Evening Standard

'Unacceptable': Ofgem announces two per cent hike to energy bills

THE typical Scottish household’s energy bills are set to rise by two per cent from October, energy regulator Ofgem has said.

The National (Scotland)

Energy bills to rise by £35 a year from October

For an average household paying by Direct Debit for gas and electricity, the overall bill will be £1,755 per year.

Evening Standard

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Evening Standard

FTSE 100 Live 27 August: US trading lifts JD Sports Fashion, energy bills to rise

A North American sales beat today fired up JD Sports Fashion shares during a lacklustre session for the FTSE 100 index ahead of tonight’s Nvidia results.

Evening Standard

Household energy bills to rise by 2% from October 1

Ofgem has released its latest energy price cap for the three months from October.

The Independent UK

Energy bills to rise ahead of winter despite prediction of relief for households

The increase will be a small one but it is an additional burden for consumers compared to earlier estimations of a drop

The Guardian - UK

Annual energy bills set to rise £35 in October, Trump slaps 50% tariff on India – as it happened

Rolling coverage of the latest economic and financial news

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Evening Standard

Household energy bills to rise by 2% before winter as Ofgem sets new price cap

Bills will increase by more than expected after Ofgem set its new price cap this morning

The Independent UK

Household energy bills expected to rise by around 1% in October – forecast

Ofgem, which sets the limit on what energy companies can charge customers, is to confirm its latest price cap on Wednesday.

The Independent UK

Martin Lewis shares his tips as energy price cap rise confirmed

Many households could be missing out on savings worth £250

The Independent UK

Millions set to face hike in energy bills this Autumn

Experts say wholesale prices for electricity and gas have been ‘volatile’, reflecting a number geopolitical factors

Evening Standard

Typical household energy bill to rise by about £35 a year from October, Ofgem confirms

Ofgem, which sets the limit on what energy companies can charge customers, confirmed its latest price cap on August 27

The Independent UK

Households set to learn energy bills to rise by around 1% in October – forecast

Ofgem, which sets the limit on what energy companies can charge customers, is to confirm its latest price cap on August 27.

The Guardian - UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

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