Ofgem’s approach to licensing allowed market that was vulnerable to large-scale shocks, finds NAO
Ofgem’s approach to licensing and monitoring increased the risk of supplier failures, a new report from the National Audit Office (NAO) has found.
Articles tagged with: energy bills
Default Tariff Cap to hit nearly £3,000 over winter as geopolitical barriers show ‘no sign of abating’
Energy bills could rise to nearly £3,000 over the upcoming winter period, according to Cornwall Insight’s latest prediction.
Government could decouple wholesale gas and power prices in 'urgent' market reforms
The government could potentially decouple energy bills from wholesale gas and electricity prices, as it eyes electricity market reform.
Low-carbon tech to remove household energy bills in Octopus Energy, ilke Homes scheme
A mix of low-carbon technologies such as solar, battery storage and air source heat pumps are to be rolled out in a new partnership between Octopus Energy and ilke Homes.
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Consumers turn to energy efficiency as 46% struggle to pay energy bills
The impact of rising energy bills is continuing to be documented, with the number of households finding it challenging to pay rising as interest in energy efficiency also increases.
Energy sector welcomes further support for consumers amid cost of living crisis
Current± caught up with the energy sector, to find out their reactions to the recent increase in support funded by a windfall tax of oil and gas companies.
New Energy Bill unveiled in Queen's Speech to boost energy security
A new Energy Bill was announced today (10 May) as part of the Queen's Speech, to help the UK build a more secure, homegrown energy system that is both cleaner and more affordable.
Government eyes three year extension to Scotland’s Warm Home Discount
The UK government has launched a consultation on expanding the Warm Home Discount in Scotland while enabling more energy suppliers to take part.
OVO creates new chief customer officer role to deliver on Plan Zero goals
OVO Energy has hired Dan Burdett as chief customer officer, a newly created role aimed at ensuring customers are supported through the high energy prices.