The Latest Breaking News from Ofgem

Martin Lewis says he is 85% sure energy bills WON'T rise in April - here is why

Martin Lewis' comments come after the BBC reported yesterday that some energy firms are preparing to amend bills with the expectation the Government will keep support at or near current levels

Daily Mirror · Mar 3, 2023

Jeremy Hunt ‘poised’ to U-turn on energy bill support; oil falls on reports UAE considering leaving Opec – as it happened

Britain’s energy suppliers have been told by officials to prepare two sets of bills for next month, with Treasury expected to maintain support for longer

The Guardian - UK · Mar 3, 2023

£500 energy bills hope for families as suppliers prepare to axe April rise

‘85% chance price guarantee will not rise £500 in April’

Evening Standard · Mar 3, 2023

Martin Lewis urges government to avoid an ‘act of mental health harm’ over energy price cap

The Money Saving Expert founder suggested that the government’s new energy price can negatively impact people’s mental health

The Independent UK · Feb 28, 2023

Ofgem cuts energy price cap but bills still set to rise

Ofgem is dropping its cap on energy prices by around £1,000 from April but bills are still expected to rise by an average of £500. The energy regulator is lowering its energy price cap from the current £4,279 per year to £3,280 for the average household, effective from April 1,…

Evening Standard · Feb 28, 2023

When will energy bills fall? What you need to know before Ofgem announcement next week

Energy bills are currently controlled by the Energy Price Guarantee and this is set at £2,500 a year for the typical household - so when will our bills finally get lower?

Daily Mirror · Feb 28, 2023

Jeremy Hunt could ‘spare’ millions of households £500 hike in energy bills in April, say leading economists

Jeremy Hunt could spare millions of households a £500 hike in their energy bill in April given the surprise short-term boost to the public finances, leading economists said on Tuesday.

Evening Standard · Feb 28, 2023

Government promises 'energy independence' for UK in move away from fossil fuels

Energy Security Secretary Grant Shapps said the UK will rely more on nuclear and renewable energy in a bid to lower wholesale electricity prices

Chronicle Live · Feb 28, 2023

Full list of household price hikes in April as energy cap drops

Your personal finances may take a large hit from April this year

Manchester Evening News · Feb 27, 2023

Energy price cap explained - what is it, what does it mean and who sets it?

The rising cost of energy has been making headlines for months, but for many people, it’s just as confusing as the first time they heard it

Chronicle Live · Feb 27, 2023