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The Latest Breaking News from Ofgem

British energy firms told to offer ‘zero’ standing charge tariff by next winter

Ofgem aims to provide choice as Martin Lewis describes daily fees as a ‘poll tax’ on gas and electricity bills

The Guardian - UK

Energy firms to offer ‘zero standing charge’ tariffs under Ofgem plans

The regulator is also proposing new standards for suppliers to make it easier for customers who are struggling to pay their bills to get support.

Evening Standard

Energy firm promises £22 billion investment in ‘critical grid infrastructure’

SSEN Transmission said an additional £9.4 billion of investment could take total spending over the five years of its plan to £31.7 billion.

The Independent UK

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Martin Lewis issues standing charge warning as Christmas nears

Martin Lewis has said he believes that energy regulator Ofgem will reject its consultation to drop standing charges, as they will be unable to do so without government support.

The Independent UK

Will Labour’s 2030 green energy goal cost more than 2035? They should come clean

Ed Miliband argues the UK should race towards becoming a ‘clean energy superpower’, but costs to the consumer shouldn’t be ignored

The Guardian - UK

More than 80% of Britons doubt energy bills will return to pre-Ukraine levels as Ofgem announces price cap rise

The survey revealed that 67 per cent of respondents are more aware of and concerned about their energy bills compared to five years ago

Evening Standard

Keir Starmer warned elderly people ‘are going to die’ as fears mount over winter fuel cuts

Keir Starmer was confronted during a round of local radio interviews by a listener named Maxine who said ‘we just can’t keep warm’ and that ‘elderly people are literally going to die’

The Independent UK

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New price cap for January 2025 has been announced, and it's another increase

Here's what it means for your energy bills

Ideal Home

Martin Lewis gives energy bill advice as Ofgem price cap rises again

The energy price cap is set to rise again in 2025

The Independent UK

How can I lower my energy bills and what help is there for me?

Ofgem’s energy price cap is rising again, by 1.2% from January 1.

The Independent UK

Ofgem increases price cap as winter fuel payments are withdrawn for millions

Charities have reacted angrily to the rise while the boss of Octopus has suggested pensioners struggling to heat their homes should consider using electric blankets to keep warm

The Independent UK

Household energy bills to rise again in January as cold weather grips UK

Typical household bill will increase from £1,717 to £1,738-a-year, or around £1.75-a-month, from January 1

Evening Standard

Ofgem confirms household energy bills will rise again in January

The regulator has raised its price cap from January 1 in response to increasing wholesale energy costs faced by suppliers.

The Independent UK

Average annual energy bill to rise to £1,738 in Great Britain from January

Increase in energy price cap by Ofgem follows 10% rise for current quarter, heaping more pressure on households

The Guardian - UK

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The Guardian - UK

UK private sector is contracting as firms give ‘thumbs down’ to the budget, hitting pound – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

Households set to learn energy bills to rise again from January

Cornwall Insight expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from £1,717 in January.

The Guardian - UK

E.ON must pay £14.5m to prepayment customers after billing failures

Ofgem says nearly 250,000 customers will each receive average of £144 in compensation and refunds

Evening Standard

Eon Next pays out £14.5m for ‘unacceptable’ pre-payment meter billing failures

Around 250,000 customers are set to receive £144 each on average after being impacted by Eon Next’s billing system error.

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The Independent UK

Energy bills could rise from new year in surprise hike, analysts warn

Energy prices have been kept high by tensions in Ukraine and the Middle East, plus rising wholesale gas prices

The Guardian - UK

‘Happy hour in reverse’: where dynamic pricing may creep further

After the Oasis ticket row, experts say fluctuating charges could become the norm in other industries

The National (Scotland)

Energy bills set to 'rise again in January' despite hopes of lower price cap

THE Ofgem energy price cap does not set the maximum a household will pay for their energy but limits the amount providers can charge them per unit...

The Independent UK

Energy price cap ‘set to rise in January’, dealing blow to hopes of a cut

Cornwall Insight said it expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from January 1.

Evening Standard

Energy price cap ‘set to rise in January’ as UK gripped by cold snap

Cornwall Insight said it expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from January 1

The Guardian - UK

Britons warned to expect ‘disappointing’ rise in energy bills in January

Price cap for Great Britain forecast to rise to £1,736 a year for average dual-fuel bill, according to Cornwall Insight

The National (Scotland)

UK Government confirms review of smart meter roll-out as Scots hit with issues

THE UK Government has confirmed it will undertake a review of the roll-out of smart meters ...

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