Thousands object to Tesla bid to supply energy in the UK More than 8,000 people have asked Ofgem to block Tesla from supplying British households with electricity over owner Elon Musk's "clear political agenda". Business • 20 Aug
Thousands object to Tesla bid to supply energy in the UK More than 8,000 people have asked Ofgem to block Tesla from supplying British households with electricity over owner Elon Musk's "clear political agenda". Business • 20 Aug
National Grid failures led to fire that closed Heathrow A fire that caused a hugely disruptive shutdown at Heathrow airport in March was caused by the failure of a component at an electricity substation that had not been properly maintained, Britain's National Energy System Operator said today. Business • 02 Jul
National Grid failures led to fire that closed Heathrow A fire that caused a hugely disruptive shutdown at Heathrow airport in March was caused by the failure of a component at an electricity substation that had not been properly maintained, Britain's National Energy System Operator said today. Business • 02 Jul
UK energy bills to fall as price cap dips by 7% Millions of British households will see lower energy bills from July after regulator Ofgem said its domestic price cap would fall 7% to reflect lower wholesale energy prices. Business • 23 May
UK energy bills to fall as price cap dips by 7% Millions of British households will see lower energy bills from July after regulator Ofgem said its domestic price cap would fall 7% to reflect lower wholesale energy prices. Business • 23 May
UK consumers face higher energy bills as price cap rises Millions of Britons will pay higher energy costs from April after regulator Ofgem said its domestic price cap would rise 6.4% due to soaring wholesale energy prices. Business • 25 Feb
UK consumers face higher energy bills as price cap rises Millions of Britons will pay higher energy costs from April after regulator Ofgem said its domestic price cap would rise 6.4% due to soaring wholesale energy prices. Business • 25 Feb
Lower UK energy bills on the way after 7% price cap cut Most British household energy bills will fall from July after regulator Ofgem cut its domestic price cap by 7% largely due to a fall in wholesale energy prices. Business • 24 May 24
Lower UK energy bills on the way after 7% price cap cut Most British household energy bills will fall from July after regulator Ofgem cut its domestic price cap by 7% largely due to a fall in wholesale energy prices. Business • 24 May 24
British energy bills to fall after 12% cut to price cap Most British household energy bills will fall from April after regulator Ofgem cut its domestic price cap by 12.3% to its lowest level in more than two years. Business • 23 Feb 24
British energy bills to fall after 12% cut to price cap Most British household energy bills will fall from April after regulator Ofgem cut its domestic price cap by 12.3% to its lowest level in more than two years. Business • 23 Feb 24
Ofgem lifts price cap, says energy bills may hit £1,928 The average UK household energy bill will rise by £94 a year from January after Ofgem increased its price cap in response to rising wholesale prices. Business • 23 Nov 23
Ofgem lifts price cap, says energy bills may hit £1,928 The average UK household energy bill will rise by £94 a year from January after Ofgem increased its price cap in response to rising wholesale prices. Business • 23 Nov 23
UK's Ofgem fines Morgan Stanley & Co £5.4m Ofgem has fined US banking giant Morgan Stanley more than £5.4m after its energy traders communicated via private WhatsApp discussions. Business • 23 Aug 23
UK's Ofgem fines Morgan Stanley & Co £5.4m Ofgem has fined US banking giant Morgan Stanley more than £5.4m after its energy traders communicated via private WhatsApp discussions. Business • 23 Aug 23
SSE Generation to pay £9.8m for licence breach Britain's energy regulator Ofgem said that SSE Generation will pay £9.8m for breaching the licence after securing excessive payments from the National Grid Electricity System Operator for reducing output at Foyers power station in Scotland. Business • 06 Jun 23
SSE Generation to pay £9.8m for licence breach Britain's energy regulator Ofgem said that SSE Generation will pay £9.8m for breaching the licence after securing excessive payments from the National Grid Electricity System Operator for reducing output at Foyers power station in Scotland. Business • 06 Jun 23
UK energy bills to fall as regulator slashes price cap Millions of British households will see cheaper energy bills from July after regulator Ofgem slashed its cap on prices following a slump in wholesale energy costs. Business • 25 May 23
UK energy bills to fall as regulator slashes price cap Millions of British households will see cheaper energy bills from July after regulator Ofgem slashed its cap on prices following a slump in wholesale energy costs. Business • 25 May 23
UK's Ofgem says price cap will rise to £4,279 British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to £4,279 a year from January to the end of March 2023. Business • 24 Nov 22
UK's Ofgem says price cap will rise to £4,279 British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to £4,279 a year from January to the end of March 2023. Business • 24 Nov 22
UK energy price cap to rise 80% to £3,549 a year The cost of energy for British consumers will rise by 80% from October, regulator Ofgem said today, taking average annual household bills to £3,549. Business • 26 Aug 22
UK energy price cap to rise 80% to £3,549 a year The cost of energy for British consumers will rise by 80% from October, regulator Ofgem said today, taking average annual household bills to £3,549. Business • 26 Aug 22
Shell to pay for overcharging price cap customers Shell's UK retail energy business has to pay £536,970 for overcharging some customers on its default tariffs which are subject to a price cap, Britain's energy market regulator Ofgem said today. Business • 25 Aug 22
Shell to pay for overcharging price cap customers Shell's UK retail energy business has to pay £536,970 for overcharging some customers on its default tariffs which are subject to a price cap, Britain's energy market regulator Ofgem said today. Business • 25 Aug 22
UK energy market regulator's quarterly price cap review UK energy market regulator Ofgem said today it would review a price cap on domestic energy prices quarterly rather than twice a year, aiming at reducing risk of supplier failures and cost increases for consumers. Business • 04 Aug 22
UK energy market regulator's quarterly price cap review UK energy market regulator Ofgem said today it would review a price cap on domestic energy prices quarterly rather than twice a year, aiming at reducing risk of supplier failures and cost increases for consumers. Business • 04 Aug 22
British energy regulator plans new rules as prices soar Britain's energy regulator has proposed new measures to protect consumers and prevent energy suppliers from charging high direct debit payments as households struggle to meet soaring energy bills. Business • 20 Jun 22
British energy regulator plans new rules as prices soar Britain's energy regulator has proposed new measures to protect consumers and prevent energy suppliers from charging high direct debit payments as households struggle to meet soaring energy bills. Business • 20 Jun 22
UK may offer loans to energy firms after gas price jump Britain is considering offering state-backed loans to energy firms after wholesale gas prices soared, prompting big suppliers to ask for support from the government to cover the cost of taking on customers from companies that have gone bust. Business • 20 Sep 21
UK may offer loans to energy firms after gas price jump Britain is considering offering state-backed loans to energy firms after wholesale gas prices soared, prompting big suppliers to ask for support from the government to cover the cost of taking on customers from companies that have gone bust. Business • 20 Sep 21
Centrica profits plunge on UK energy price cap Profits at British utility Centrica slumped 35% last year, hit by a government price cap on some energy bills and the impact of lower natural gas prices on its production business. Business • 13 Feb 20
Centrica profits plunge on UK energy price cap Profits at British utility Centrica slumped 35% last year, hit by a government price cap on some energy bills and the impact of lower natural gas prices on its production business. Business • 13 Feb 20
Shell Energy Retail pulled up for overcharging Shell Energy Retail's boss has apologised to customers after Britain's energy regulator ordered the utility to compensate around 12,000 customers it overcharged on default tariffs after a price cap was introduced this year. Business • 14 Jun 19
Shell Energy Retail pulled up for overcharging Shell Energy Retail's boss has apologised to customers after Britain's energy regulator ordered the utility to compensate around 12,000 customers it overcharged on default tariffs after a price cap was introduced this year. Business • 14 Jun 19
Centrica fined for missing efficiency targets Britain's energy regulator Ofgem has fined energy supplier Centrica £11.1m for failing to meet energy efficiency obligations by a 2012 deadline. Business • 04 Dec 14
Centrica fined for missing efficiency targets Britain's energy regulator Ofgem has fined energy supplier Centrica £11.1m for failing to meet energy efficiency obligations by a 2012 deadline. Business • 04 Dec 14
UK to probe energy firms over price fixing signs UK regulators have referred the country's energy supply sector for a full competition investigation. Business • 27 Mar 14
UK to probe energy firms over price fixing signs UK regulators have referred the country's energy supply sector for a full competition investigation. Business • 27 Mar 14
Npower found guilty of misleading UK customers Britain's energy regulator has found RWE npower guilty of giving inaccurate information to customers between 2010 and 2012. Business • 20 Dec 13
Npower found guilty of misleading UK customers Britain's energy regulator has found RWE npower guilty of giving inaccurate information to customers between 2010 and 2012. Business • 20 Dec 13
Energy regulator to take up CEO role at Ofgem The chairman of the Commission for Energy Regulation is to leave his post to become chief executive of British energy regulator Ofgem. Business • 18 Dec 13
Energy regulator to take up CEO role at Ofgem The chairman of the Commission for Energy Regulation is to leave his post to become chief executive of British energy regulator Ofgem. Business • 18 Dec 13
UK energy watchdog rejects business plans Five of the six companies that own and operate Britain's local electricity network have been told they must do more to cut costs for consumers. Business • 22 Nov 13
UK energy watchdog rejects business plans Five of the six companies that own and operate Britain's local electricity network have been told they must do more to cut costs for consumers. Business • 22 Nov 13
Misleading information costs ScottishPower £8.5m UK energy giant ScottishPower is to pay £8.5m sterling to customers after an investigation by regulator Ofgem found that the group provided misleading information. Business • 22 Oct 13
Misleading information costs ScottishPower £8.5m UK energy giant ScottishPower is to pay £8.5m sterling to customers after an investigation by regulator Ofgem found that the group provided misleading information. Business • 22 Oct 13
UK's SSE faces record £10.5m fine UK utility giant SSE is to be fined £10.5m sterling for "prolonged and extensive" mis-selling in what will be the largest ever penalty imposed on an energy provider. Business • 03 Apr 13
UK's SSE faces record £10.5m fine UK utility giant SSE is to be fined £10.5m sterling for "prolonged and extensive" mis-selling in what will be the largest ever penalty imposed on an energy provider. Business • 03 Apr 13